News & Media

Hundreds of households in downtown Yonkers will soon have access to free or affordable internet due to a grant from U.S. Ignite spearheaded by the Westchester County Association.

The New Rochelle City Council scrapped a zoning clause originally intended to attract more senior housing to the city. Westchester County Association President and CEO Michael Romita said with the county's population is "greying," municipalities should have a plan to welcome more senior housing communities. You can’t have a healthy and equitable community if older residents are forced to move because they are squeezed out of viable housing options.

"What 5G means in practical terms is data speeds that will be up to 100 times faster than what we have today. Latency or lag periods are being halved now, and in the future will be even faster, with connection density vastly increased, meaning more devices that can function in a given area." Michael N. Romita

The optimist looks beyond the current socioeconomic and political environment and calls out a light at the end of the tunnel. The pessimist might acknowledge that despite the distant light, we are still in the tunnel. And the fatalist might view that distant light as belonging to an oncoming train. As president and CEO of the Westchester County Association, Michael Romita is neither the optimist, pessimist or fatalist. But he is a realist about the state of the country's economy.

Westchester County Association President and CEO Michael Romita said it's not unusual for a property to be flipped after the site receives approvals, but before a shovel hits the ground. The planning board approved the plan on Jan. 28, 2020. "Assuming that New Rochelle continues to develop, it's a pretty valuable lot," Romita said. Cities like New Rochelle, he noted, put a limit on the number of residential units to ensure a good mix of retail, commercial and housing.

Westchester County Association President and CEO Michael Romita said generally the COVID-19 pandemic has caused a "softening" of commercial real estate across the county. Meanwhile, residential real estate is "very hot," Romita said, including multi-unit developments. Specific to Briarcliff, Romita said the village has a number of older office complexes that are functionally obsolete. Repurposing those buildings into residential and mixed-use development "is important for the vitality of the region," he said.

For months now, Montefiore Medical Center has been locked in high-stakes contract negotiations with UnitedHealthcare, one of New York’s largest health insurers. At issue is the cost of medical insurance for 60,000 New Yorkers who live New York City, Westchester and the surrounding region. If no agreement is reached, Montefiore patients covered by UnitedHealthcare will be forced out of network. They will need to stop seeing the Montefiore doctors on which they have come to rely.

“Overall, there is a diversity of real estate sectors in Westchester, so it’s hard to address [the effects of coronavirus] in generalities,” says Michael Romita, president of the Westchester County Association. “The pandemic influenced various sectors in different ways. Clearly, there was a softening in activity in commercial office space, but I wouldn’t say [the impact has been] terrible.” During the early months of the pandemic, he notes, there was not an exodus of office leaseholders; rather, landlords and tenants in general were discussing work-arounds. “Rents were coming in; landlords were getting paid, though some were getting strung out a little bit,” Romita says.

The Westchester County Association has revised its Policy Playbook, a guide for development and economic growth, to include insights, resources and examples of how to develop successful housing initiatives with the goal of helping municipalities meet the needs for more diverse, affordable and available housing. The new Housing Initiatives chapter of the playbook points out that businesses have a stake in solving housing issues.

The business and nonprofit community, led by the Westchester County Association’s Real Estate and Housing Task Force, is developing solutions to this massive problem. A multi-faceted assemblage of real estate, planning, land use, financial, legal, academic and government stakeholders are working collaboratively to generate multi-disciplinary solutions.

The Westchester County Association (WCA) is one of seven lead organizations to have been selected by US Ignite, a national non-profit accelerating the smart city movement, to participate in Project OVERCOME. Project OVERCOME, a $2.7 million effort is designed to expedite the delivery of broadband services to underserved communities across the United States. The U. S. National Science Foundation (NSF) conceived of and is providing $2.25 million in funding for the project, with Schmidt Futures joining as a financial and strategic partner to extend Project OVERCOME’s geographic reach with an additional $450,000. The project explores novel approaches to connectivity in both rural and urban communities with an eye on replicating these efforts on a national scale.

The Westchester County Association (WCA), and Nonprofit Westchester (NPW), are hosting a free virtual event, An Open Conversation with U.S. Senate Majority Leader Chuck Schumer, on February 26, 2021 at 5:00 p.m. EST. This event will discuss the most pressing issues impacting regional businesses and nonprofits and will include an audience Q&A. Topics that will be addressed in this event include: • COVID relief and the rest of Senator Schumer’s 2021 legislative agenda • Economic development priorities in the lower Hudson Valley • The importance of nonprofits to the regional economy • The challenges of legislating in the current political environment

The Westchester County Association (WCA), in partnership with Westchester County’s Office of Economic Development, is hosting a free virtual webinar, All Access Healthcare: Spotlight on Westchester’s Bioscience Ecosystem, on February 11, 2021 at 9:00 a.m. EST. This event will showcase the growing bioscience ecosystem in the county and highlight why more life science companies are moving to Westchester County. Opening remarks will be made by Westchester County Executive George Latimer.

The Westchester County Association (WCA), Westchester’s leading economic development and business advocacy organization, today announced the appointment of five new members to its board of directors.

Regional experts in real estate and housing will share best practices and offer potential solutions to the lack of affordable and diverse housing stock in the region – where more than 11,000 additional such units are needed -- at the Westchester County Association’s fourth annual Real Estate and Housing Virtual Summit on October 30 at 9:30 a.m. EST.

Dr. Philip Ozuah, president and chief executive officer of Montefiore Medicine, will deliver the keynote address at the Westchester County Association (WCA)’s online 70th Anniversary Leadership Event, which will celebrate business and nonprofit movers and shakers, Congresswoman Nita Lowey, and local healthcare heroes, on November 19 at 4 p.m. EST.

The initiatives are outlined in “Towards a Stronger Future,” a newly-released report from the WCA’s Post Pandemic Working Group (PPWG), which is a select committee of business, nonprofit, and education and government leaders who are working collaboratively to support the recovery and long-term prosperity of the region.  The Towards a Stronger Future report, which is available for download on the WCA’s website, sets forth a clear advocacy and action agenda in those Four Foundational Pillars of Economic Recovery where the WCA is well-positioned through its proven expertise and deep professional network to achieve significant impact: healthcare and bioscience, real estate and housing, digital connectivity, and energy and sustainability.

Optimism for Westchester’s economic future, combined with a sense that the region’s financial recovery from the COVID-19 pandemic will take between one and three years, are among the key findings from a public survey conducted by the Westchester County Association (WCA), the results of which were announced today. The survey also found that healthcare, entrepreneurship, higher education and hospitality are among the most important industry sectors to the region’s economic future, while high taxes, unemployment, broadband/digital technology, and affordable housing are key economic issues moving forward.

The “Business Insights” live video series will feature hosts from the WCA and Westfair Communications interviewing business leaders from throughout the region and discussing topics related to the challenges and opportunities organizations are encountering. Episodes will stream live on the WCA’s Facebook Page, LinkedIn Page, and YouTube Channel, and also on Westfair Communications’ website, Facebook Page, LinkedIn Page, and YouTube Channel, and be available for on-demand viewing.

The “Best Practices for Reopening Westchester” online event series will support the ongoing efforts of the WCA’s Post-Pandemic Working Group (PPWG) to rebuild a stronger and more resilient economy for the region.