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Industrial Development Agency
Contact TypeContact Information
Contact:
914-481-8036
914-939-2200
 
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Additional Links:
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Members
Name
Term Began
10/14/2015
4/20/2015
8/2/2010
12/3/2012
2/25/1998
10/1/2007
4/20/2009
Additional Biographies
Administrative Director
Policies
REQUEST FOR PROPOSAL
2016 -03
Regular meetings will be held the second Wednesday of every month at 6:30 pm, 1st Floor Conference Room, 222 Grace Church Street.

                          Next Meeting:June 8, 2016      Audio transcripts of each meeting may be accessed from the Main page of the Village's Website
        
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Recent projects utilizing the services of the Port Chester Industrial Development Agency

clip_image002.jpg120 North Pearl Street: The development of 120 North Pearl Street effectuates continued progress towards transit-oriented-development. Specifically, this development included 50 luxury residential units – mainly studies and one-bedrooms to reduce environmental impacts – and used the Village’s density bonus program in exchange of public benefits. This development provided a reduced parking scheme due to its proximity to the Port Chester Metro North train station. The project is currently under construction and anticipates completion by Summer 2016.
Because it was in concert with the Village’s Master Plan, aligned with strategic initiatives favored by the Board of Trustees, and met IDA requirements for economic benefit, this $14 million dollar project qualified for financial assistance that could exceed $500,000 under multiple IDA programs.




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The Castle
  • Castle Chester, LLC.
  • 201 Willet Avenue
  • Port Chester, NY 10573
  • $24 million dollar residential construction project constructing120 market rate residential rental units. The Project also includes such amenities as parking and a 1,444 square feet of commercial retail space.
  • The building is envisioned to be a market leader for the area and will apply for LEED certification.
  •  Sales and Use Tax Exemption (STE)
  • STE Estimated Value $8,790,000
  • Estimated Assistance $648,263
  • Construction Jobs created 125 FTE
  • Permanent Jobs created by project 33
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  • The Capitol Theater
  • Capitol Enterprises, Inc.
  • 149 Westchester Ave
  • Port Chester, NY 10573
  • $2.2 million dollar renovation to the interior of the existing Capitol Theatre including significant interior design alterations, installation of state-of-the- art light, sound, and video systems.
  • Facilities alterations to ensure compliance with the code of the Village of Port Chester, Building & Fire Code of New York State, and Property Maintenance code of New York State.
  •  Sales and Use Tax Exemption (STE)
  •  STE Estimated Value $1,500,000
  •  Estimated Assistance $110,635
  •  Permanent Jobs created by project 58