167-Year Old Company Enjoys Growth in Westchester County
About 100 people showed up for a festive ribbon-cutting ceremony, welcoming New York Life to its new home at 777 Westchester Avenue. The company has leased 25,000 square feet to accommodate their growing sales force...
A Grand Opening on a Rainy Day. L-R: Marissa Brett, WCA's Executive Director of Economic Development; Ted Mathas, Chairman & CEO, New York Life; Bill Mooney, President, Westchester County Association; and Darin Fass, Managing Partner, New York Life
Speaking at today's reception were Deputy County Executive Kevin Plunkett; White Plains Mayor Thomas Roach; Ted Mathas, Chairman and CEO, New York Life; and Darin Fass, Managing Director, New York Life.
In his impassioned remarks, Plunkett said: "Today is about thanking New York Life for making a commitment to Westchester. We're a Triple A County and this is a good news story about a stable, secure company growing and moving Westchester forward."
Besides its growing workforce, New York Life has supported Westchester's not-for-profit community with $2 million in grants. The company also is a major investor in The Blueprint for Westchester.
Fass noted that New York Life first opened for business in 1845 in New York City when Westchester had a total population of about 60,000 people. "Today, we're still growing, and we've decided to make White Plains our new home. White Plains is an accessible, central location. Our vision is to double the people and space by 2015."