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Q&A with Ron Hicks, President and CEO of the REDC

  
  
  
  
Q&A
Marla Cohen

 

Ron Hicks, president and CEO of the Rockland Economic Development Corp., recently traveled to Tel Aviv to represent BioHud Valley, NY, which promotes a growing cluster of biotech, pharmaceutical and life science companies in the region. He attended the 10th National Life Science and Technology week and the ILSA-BioMed Conference. During the week, he met with Israeli companies to promote doing business in New York.

How did this trip come about? In working with the Israeli economic mission in New York City, we learned the conference was going to be in May. I was the only one available when we learned of the conference, so I planned to attend. One of my specific targets was Teva Pharmaceutical, the largest generic manufacturer of drugs in the world. They’re based in Israel and had previously acquired a company in Rockland and moved it to another location. They only have a Stony Point location that’s still in Rockland.

Why was it important to target them? We have to look at our assets. In Rockland, one asset is a large Jewish community. Israel and I think, Israelis, understand having strong supporters in the United States and a strong Jewish community here. My point with Teva was to say Rockland is a strong supporter of Israel and a friend of Israel. We want to make sure we are here to help Teva at that facility in any way we can ....But if they are growing, looking to relocate, we want them to work with us to provide them with a world-class work force.

What is BioHud Valley, NY? It’s an initiative of the Rockland Economic Development Corp. and the Westchester Office of Economic Development and the Hudson Valley Economic Development Corp. We focus on two clusters in the Hudson Valley, and one is biotech. We have more than 63 biotech companies in the lower Hudson Valley, including Pfizer in Rockland, which is one of largest research based pharmaceutical companies in the world.

Were there any other things you set out to achieve? Israel has a growing pharmaceutical cluster, very strong, and the country really supports that cluster. I wanted to go there and see why they are located in Israel and growing, number one, and number two, I wasn’t to find out that if they need to do business in the United States, I wanted them to know who I am and where we are and our proximity to New York City, and for them to start their first U.S. operations here in Rockland County. Three, I wanted to find out if there were any that could. I wanted to find out if there were any businesses there that could partner with businesses we have in Rockland. And last, I wanted to establish the groundwork and lay the foundation for our participation in BioMed Israel in the future.

What was your overall impression? Brilliant. I’ve always wanted to go and from the moment I booked the trip, I knew I’d have an amazing experience. I knew that just going to the beginnings of humanity and religion would be a moving trip.

Did you get to see anything besides biotech?  I had a day and half of tourism. To be in the holy city of Jerusalem and to learn from a brilliant guide, thanks to Paul Adler. He was able to show me so much in a short period of time. To be there and to go to the Wall and pray, even as a Catholic, was tremendously moving for me. It is one of the most holy places on earth, and it was very emotional for me. I was able to go to Bethlehem and my Palestinian guides too me to the Church of the Nativity and the spot were they claim Jesus was born. I thought Jerusalem was a beautiful city and I felt safer in Israel than I do in New York.

What was your reaction to the Kotel, or the Western Wall? The wall was incredibly moving. Coming from a Catholic faith, with a Protestant father and Catholic mother, when you go into a holy spot, you want complete silence, you want to reflect, and there were three bat mitzvahs going on and people were throwing candy and I got hit in the head and I’m thinking are you kidding?

What stood out for you most? I expected a completely different terrain from the culture and tension and from what you read in the news. I really expected to be in a tense zone, where there was a lot of camouflage and firearms and a lot of concrete and sand. To be honest with you, Tel Aviv was alike a little New York City and I felt completely comfortable walking the streets, venturing on my own and eating the local food.

Anything unexpected? I’m really pissed that Coca Cola sells large glass botle3s of Coke there and not here.

You were there when President Obama made his remarks about the ’67 borders. How did that come across in Israel? I was there two days after Obama issued his new policy and I was there when Obama and Netanyahu spoke before AIPAC. The Israelis didn’t pay that much attention to it. We have a relationship with Congress and what the president says is irrelevant to us, was their reaction. Being there with my guide, I not only heard what he had to say, but I could see it. Israel is the size of the state of New Jersey. If you were to withdraw from those strategic lines, you are really putting yourself down; you are not going to be there long. But it was cool to be there when that was all happening.

Do you think you'll go back? Absolutely. I’m really looking forward to going back with other people. There are people in Israel I’d love to see again and people in Rockland I’d love to go with. And when I go next time, well there’s no doubt.

 

July/August 2011

Rockland Outreach Facing Demographic, Image Challenges

  
  
  
  

 

Rockland Outreach Facing Demographic, Image Challenges

Thriving Corporate Park Spurs Growth in Bronx

  
  
  
  

In 2001, when Joseph Simone, the president of the family-owned Simone Development Companies in New Rochelle, N.Y., bid $3.7 million at a state auction for a weedy 18.5-acre site in the Bronx, home to an abandoned residential treatment center, skeptics wondered what such a normally astute businessman could possibly be thinking.

But as a headline in a local weekly trade magazine described it, Mr. Simone might have indeed been “Crazy — But Like a Fox.” Less than two years later, a Class A office building with 460,000 square feet of space and parking for 1,400 cars stood in the place of the treatment center. And instead of physically and mentally disabled youths, the tenants included the Visiting Nurse Service of New York, the Bronx campus of Mercy College, several governmental agencies and medical offices.

Across the road on what had been an empty lot, Mr. Simone has recently completed another Class A office structure in what has become an ever-expanding complex known as the Hutchinson Metro Center. A 280,000-square-foot, nine-story tower with four levels of underground parking, the new building is 90 percent leased to a variety of tenants, including lawyers and medically related businesses like Montefiore Medical Center’s orthopedic department and Comprehensive Care Management, a subsidiary of Beth Abraham Family of Health Services.

What the developer envisioned when he bid on the derelict parcel in the northern Bronx was a suburban-style office complex on a campus strategically situated about a mile from four major hospitals: Albert Einstein College of Medicine, Montefiore Medical Center , Calvary Hospital and Jacobi Medical Center.

Mr. Simone described that area in particular, and indeed all of the Bronx, as “severely under-officed.” So sure was he of his initial decision to buy the land that he has since acquired adjacent parcels, and the complex has more than doubled in size to 42 acres.

Mr. Simone is about to start construction this fall on a sister nine-story tower with a high-end hotel and conference center above the office space. The hotel would serve visitors to nearby health centers as well as Fordham University, Lehman College and Manhattan College, also in the borough, and out-of-towners doing business at the Bronx Criminal Court complex.

When completed in about five years, the Metro Center is expected to include two million square feet of office space, said Joseph Kelleher, the chief operating officer of the complex as well as the chairman of the board of the Bronx Chamber of Commerce. The City of New York is also planning to build a 911 emergency police and fire relay call center on eight acres on the north side of the complex.

The office buildings in the complex are being designed by Mitchell D. Newman, the president of Newman Design in Cold Spring Hills, near Huntington, N.Y.

Mr. Newman’s first task, which provoked an outcry from some architects and preservationists, was to partly demolish and then expand the former residential center, designed by the architect Richard Meier and completed in 1977. Mr. Newman replaced the treatment center’s signature elongated porthole-style windows with large expanses of blue glass and used an aluminum composite for the exterior, painting it bright white, he said, “to give it a crisp appearance.”

“It was all quite controversial,” Mr. Newman said. “But we wanted to make a statement for a corporate park that has tremendous exposure to the Hutchinson River Parkway.” It is estimated that some 150,000 cars a day pass by the center, which Mr. Newman said was designed to appear to glow from within at night.

Moreover, the building has been constructed to handle heavy floor loads, which is critical for medical practices with massive pieces of equipment, like University Diagnostic Medical Imaging.

“With the advent of digital radiography,” said Dr. Marc Prager, the director and president of the imaging practice, “we either had to shut down our old office for several months in order to renovate it so it could handle the new technology, or move out altogether. We chose the latter and moved here seven years ago.”

The complex’s site, close to both the Hutchinson River Parkway and Interstate 95, as well as public transportation, is accessible to a labor pool from a broad geographic area.

Tara Stacom, a vice chairwoman of Cushman & Wakefield, the leasing agency for the property, said the location was ideal for workers at all salary levels. By comparison, in Westchester, where housing is costly, many employees have to travel from the Bronx, other parts of New York City or neighboring counties like Rockland.

Rents for Class A office space in the Bronx are $30 a square foot and up at the Metro Center, Mr. Kelleher said. That compares with $60 or more a square foot in Midtown Manhattan, Ms. Stacom said.

When the Metro Center opened, it added to a limited amount of Class A office space in the Bronx, Ms. Stacom said. Since Mr. Simone began construction, another Class A office building has opened outside of the Metro Center, bringing the total now to 1.8 million square feet, which Ms. Stacom described as “still exceptionally limited." All together the Bronx has about 8.4 million square feet of office space, including storefronts and small walk-up buildings with no amenities.

Steven Kahn, one of the first tenants at Metro Center, moved his law practice, Peña & Kahn, which specializes in personal injury lawsuits, to 4,000 square feet in the renovated Meier building in 2005 from a storefront in the South Bronx. “As our business grew,” Mr. Kahn said, “we found it difficult to recruit new lawyers because they didn’t want to work in some storefront in a high-crime area.” The firm has since expanded in the first building, which provides 24-hour security, and will move again this summer to 14,000 square feet in the recently completed tower.

“In general, the Bronx has been like a desert when it comes to decent office space,” Mr. Kahn said. “I can’t believe someone didn’t think of building something like this sooner. It’s what you’d expect to find in White Plains or Garden City, but until now, you couldn’t find it here.”

Brokers take virtual tour of Orange County properties

  
  
  
  

No one was sweating on the bus visiting spots in Orange County to view available commercial properties. As the outside temperature approached 90, they sat in air-conditioned comfort at the Falkirk Club in Central Valley on June 7, letting their fingers do the walking through the commercial real estate offerings.

County executive Edward Diana opened the program by welcoming brokers from New York, Connecticut, New Jersey and Ohio. “Orange County is open for business. We will work with you through our Industrial Development Corporation, the Orange County Partnership, our Office of Business Assistance and the Orange County Chamber of Commerce. We have a Foreign Trade Zone that may be helpful to your clients.

 “Our goal is to attract business, create jobs and keep taxes down and to work with you and your clients to make it happen. We’re 60 miles from the greatest economic hub in the world, surrounded by excellent schools and a highly skilled workforce and a great infrastructure of roadways. We’re here to work with you.”

Meghan Taylor, Orange County Partnership’s business attraction director, kicked off the virtual tour, inviting brokers to come up and show properties available for lease, shovel-ready sites and Class A office space in the county.

Twenty of the 151 available commercial sites were showcased on the virtual tour, and brokers had the opportunity to go to different screens to check out all the properties available.

“We wanted to do something new,” said Maureen Halahan, president of the Partnership. “It would not be as accessible to take these brokers to these various sites around the county. This was very appealing and a great way to showcase what we have to offer.”

Diana added that amenities like Stewart International Airport, a new hospital – Orange Regional Medical Center, opening on Aug. 5 – as well as the county’s close proximity to New York City and its location in the center of the Boston-Washington corridor make Orange “the ideal place to relocate a business.

“We have a triple-A bond rating,” continued Diana. “Only Westchester can boast the same and has had it for several years. We received ours at the height of the Great Recession, which I hope tells people we are serious about making business happen here.”

Diana praised the choice of Ken Adams as president and CEO of Empire State Development: “Hopefully, the governor and Legislature will start listening to the needs of business.”

Max Raphael, associate at River Management in Poughkeepsie, liked the concept of the virtual tour, which also allowed participating brokers to upload the tour on their own websites. “You see a lot in a much shorter period than going by bus to visit sites. You can only see so many. This gave us the opportunity to visit many more at different locations around the county.”

Halahan was happy with the turnout and with the virtual tour. “We asked our brokers what they wanted. They wanted to see more sites than we can usually accommodate on a bus tour. We’ve definitely seen an uptick in action in 2011 and had more site tours in the first half of this year than we did in all of 2010. That’s very encouraging. The trade shows we’ve attended have been packed. People are coming back to the marketplace.”

Halahan said Gov. Cuomo’s decision to create 10 regional councils is a “step in the right direction. We need incentives. When we lost the Empire Zone, we lost a very valuable tool to attract business. Hopefully, these regional councils will work together and come up with creative ideas to spur economic development here in the state.”

Lou Heimbach, president of Sterling Forest L.L.C. and chairman of the Orange County Partnership’s board of directors, said the tour was “very well done. Companies are going to come to New York – yes, the economy is making it harder but people who want to be in New York will come, no matter what is said about the business climate. Cuomo is structuring the state to cap property taxes, tackle the unfunded mandates and make the regulatory process less onerous. The state can’t continue as it has in the past.”

Michael Oates: MVP for Orange County Partnership

  
  
  
  

Baseball has its most valuable player each year –  Orange County Partnership has its “most valuable partner.” The one chosen this year was Michael Oates, president and CEO of the Hudson Valley Economic Development Corp.

With more than 200 guests packing Falkirk Country Club June 7, Maureen Halahan, president and CEO of the Partnership, thanked Oates for his commitment to bringing business to Orange and  to the seven counties that comprise the Hudson Valley – Dutchess, Orange, Putnam, Rockland, Westchester, Ulster and Sullivan.

Halahan said Oates, former senior member of Empire State Development and now leading HVEDC since 2009 has helped to promote the Hudson Valley both nationally and internationally.

“He’s marketing us on the global landscape. Companies are very much aware of the region thanks to Mike’s leadership.”

Oates said Orange County’s economic development arm “is a deal-driven organization and very easy to partner with.  It is creating new marketing programs to bring business into the county – President Container, Array Optronix (former tenant at the Orange County Business Accelerator), Kolmar Labs and Taylor Biomass Energy. We are focusing on an e-commerce distribution center. While it didn’t win Macy’s, Orange County is working to make it happen.”

Oates said, “We were a state working without a budget and sending a message that this was not a state to do business in. With our new governor and Legislature, I believe we are now sending a message that New York is, indeed, open for business.

“We need a property tax cap with true relief. We need to repeal the MTA payroll tax. We must reduce barriers and burdens to business coming in to the state or ones that are here and want to expand. I do think we are seeing a light at the end of the tunnel.”

Since Gov. Andrew Cuomo announced the 10 regional councils that would focus on economic development and vie for $200 million in extra funding for the most creative ideas, Oates said the economic picture is looking up. “Governor Cuomo said he intends to have them in place by June. We are in June now, and we’re waiting.”

With Westchester, Orange and Rockland the epicenter of a biotech cluster, Oates said the HVEDC is working to attract capital for the growing industry. “Food and beverage clusters are also growing,” said Oates, “and thanks to Pepsi and other companies we are  working to help this industry grow.” Access to capital and business incentives, he said, is the key to rebuilding the Empire State.

People to People Honor's Rand

  
  
  
  

See the Rand companies being honored at the People to People event on Sunday, June 5, 2011.

Click the Video below.

 

Major Highway Work to Commence on New Hempstead Road, New City, NY

  
  
  
  
Major Highway Work to Commence on New Hempstead Road, New City, NY
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