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U.S. Sen. Schumer Pushes Incoming Biden Administration for Expanded Route 17

U.S. Sen. Charles Schumer, who later this month will be designated as the U.S. Senate Majority Leader, revealed that he recently held a virtual meeting with incoming U.S. Department of Transportation ...

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Danskammer Energy Project Receives Major Boost from Organized Labor

The $500-million Danskammer Energy project in Newburgh, which is in the Article 10 process before the New York State Board on Electric Generation Siting and the Environment, recently received a major ...

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Orange County-Based McKesson Delivers in the Fight Against COVID-19

McKesson Corp., which has a major distribution facility in Hamptonburgh in Orange County, has been distributing the Moderna COVID vaccine since late December as part of the U.S. government’s “Operatio ...

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COVID Accelerating Business Trends Already in Place

Some trends in business and their impact on the national and local economies prior to the pandemic were sped up and, in some cases, intensified by the spread of the virus and the lockdowns and busines ...

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Amazon Launches $2-Billion Housing Equity Fund

E-commerce giant Amazon, which is building major distribution and fulfillment centers in Montgomery and New Windsor in Orange County, has launched a $2-billion Housing Equity Fund to preserve and crea ...

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Remote Work will be a ‘Huge Driver’ of Growth for Orange County

By John Jordan In spite of rising coronavirus cases in the county and throughout New York State, Orange County Executive Steve Neuhaus and keynote speaker and well-known recruiting executive Alan ...

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Construction Completed on New Logistics Center in Montgomery

MONTGOMERY—A ribbon-cutting event was held recently at Orange County’s latest new project—the Stewart Logistics Center, an 81,200-square-foot building located at 84 Hawkins Drive in Montgomery. N ...

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A Year in Review

We started this year with confidence and maybe a touch of arrogance, bolstered by a strong market and a swollen portfolio of leads and prospects. And then everything was halted due to the Coronavirus. ...

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Partnership Sheds Light on Energy Issues, Opportunities

The Orange County Partnership held a highly informative program on Nov. 17 that focused on the current energy industry and the opportunities and issues that lie ahead in the years to come. An exp ...

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E-Commerce Growth Surge Sparks a Logistics Free-For-All

By Benjamin Conwell E-commerce has exploded in recent years, but as COVID-19 emerged the sector has seen unprecedented growth. While many industries battled disruptions, e-commerce provides oppor ...

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Boston-Based Development Firm Breaks Ground On Largest Industrial ‘Spec’ Project in Memory

GOSHEN—Principals of Boston-based development firm GFI Partners and commercial brokerage firm Resource Realty of Parsippany, NJ were joined by county and local officials on Nov. 24 to turn the first d ...

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For Municipalities to Overcome COVID Fiscal Fallout, Officials Need to Embrace New Ideas, Strategies

By Maureen Halahan “We cannot solve our problems with the same thinking we used when we created them.”Albert Einstein Sometimes it’s better to have someone a lot more learned and famous to s ...

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ULI Forecast Says Worst U.S. Economic Fears Have Been Eased; CBRE Expects R.E. Investment to Normalize in 2021

While the economic impact of the coronavirus this year has been dramatic, two recently released reports indicate that the real estate industry and the U.S. economy are expected to fare better in 2021. ...

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New York State, Hudson Valley Non-Profits Face Difficult Times Ahead Due to COVID

Non-profits nationwide and in New York State are facing a difficult fiscal road ahead as much needed federal stimulus funding remains stalled due to partisan squabbling in Congress. A recent survey su ...

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NY State Releases New Cannabinoid Hemp Regulations; But NJ Vote Could be Game Changer for Industry

Late last month, the state’s fledgling hemp industry finally received long-awaited regulations from the state Department of Health to regulate cannabinoid hemp products in New York State. Industry off ...

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Partnership’s Commercial Market Outlook is Upbeat Despite Pandemic

By John Jordan TOWN OF WALLKILL—Panelists and participants in the Orange County Partnership’s recently held Commercial Market Forecast were bullish on investment and development interest and oppo ...

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Silver Linings

By Maureen Halahan We’ve provided significant information over the past few months about the industries that have been hardest hit by the coronavirus pandemic and the uncertain times the county f ...

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Office Market Recovery Will be Slow; Improvement Not Expected Until 2022

Global commercial real estate brokerage and services firm Cushman & Wakefield issued a report on the impact of COVID-19 on the U.S. and global office markets on Sept. 23 and its findings spell out ...

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Hudson Valley County Executives Urge President, Congress to Provide $12B to Prevent MTA Cuts

GOSHEN—One of the more frightening impacts of the coronavirus pandemic could be the loss of train commutation services in Orange and Rockland counties. The Metropolitan Transportation Authority i ...

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Facing Massive COVID-Induced Shortfalls, Municipalities Can Seize Opportunity to Thrive Post Pandemic

By John Jordan The Alliance for Balanced Growth and the Orange County Partnership staged an informative and well-attended webinar on Sept. 24 that covered the significant economic impacts of the ...

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Not all Industries will be Hurt by Pandemic

Recently, commercial brokerage firm Colliers International studied the economy that is being severely impacted by COVID-19, but rather than review the plethora of sectors that will suffer hardship due ...

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Energy Cost and Diversity are Critical for Region's Future Growth

Energy is a critical component of any business operation. According to the National Association of Manufacturers, the US manufacturing sector consumes one-third of all energy in the country.  ...

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COVID Pandemic Causes Drastic Decline in Foreign Investment in U.S. Real Estate

Commercial brokerage firm CBRE released a report on Aug. 27 on the levels of U.S. Inbound & Outbound Investment Trends for the first half of 2020 that clearly showed the deep impact the worldwide ...

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Commercial Lending Volume Declines Due to COVID; Multifamily and Industrial Sectors are Bright Spots

Several recently released reports on the state of commercial lending indicate a steep drop in 2020 thus far, due in large part to the temporary freeze in deals during the early days of COVID-19. Lendi ...

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U.S. Data Center Market Showing Resiliency and Investor Interest Despite Pandemic

Commercial brokerage firm CBRE issued a report on Aug. 27 that detailed the strength and resiliency of the U.S. Data Center market, which has been bolstered by the need for business continuity as well ...

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