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Report: Industrial Market to Remain Strong in 2022

Commercial brokerage firm Cushman & Wakefield in its recently released “North American Industrial Outlook” stated that market fundamentals in the North American industrial sector remained strong i ...

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Genting Proposes Video Gaming Machine Facility At Vacant Bon Ton Dept. Store at Newburgh Mall

By John Jordan NEWBURGH—Orange County may have its own gaming facility in the Town of Newburgh, which would revitalize a struggling mall property and bring millions of dollars in direct and indir ...

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Momentum Increases for Expanded Route 17 As Investors Flock to Area with New Projects

As the Biden administration advances its $1.9-trillion COVID relief package, which includes another $20 billion in further transit relief, the next priority to be debated will be a long-delayed multi- ...

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Montgomery IDA Releases Extensive Economic Development Study of Route 17K Corridor

Last month, the Montgomery Industrial Development Agency released a comprehensive 95-page economic development analysis of the Route 17K corridor. The “Route 17K Economic Development Corridor Stu ...

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Partnership’s Halahan Touts Emerging Development Trends in the COVID Era at Regional Economic Session

By John Jordan The Orange County Partnership’s President and CEO Maureen Halahan participated in a widely attended and highly informative virtual economic development panel on Feb. 18 that featur ...

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A Balanced Approach is Needed to Avoid Texas Energy Crisis Here

The energy catastrophe that has taken place in Texas recently had government officials pointing fingers and affixing blame on the failings of green technology, fossil fuels and the impacts of climate ...

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Rhinebeck Bank Receives Regulatory Approval to Continue Orange County Expansion With New Branch in City of Newburgh

FOR IMMEDIATE RELEASE Newburgh, NY (February 18, 2021) – Rhinebeck Bancorp, Inc. (NASDAQ: RBKB), the holding company of Rhinebeck Bank, has received all required regulatory approvals to continue ...

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Exploring the Changing Workforce Ecosystem

Global real estate services firm Cushman & Wakefield recently released a report that examined what industry leaders expect their future workplaces to look like in a post-pandemic environment follo ...

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Pandemic Has Devastated Hotel and Travel Sectors in U.S.

The American Hotel & Lodging Association has issued a rather sobering report on the state of the hotel industry in 2021 and the outlook for the hotel and travel sector in the coming years. Th ...

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Report: Investment Surge Expected in 2021

A report released earlier this month by diversified professional services and investment management firm Colliers International Group Inc. paints a picture of a robust recovery for the global investme ...

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Study: Orange, Rockland, Dutchess Housing Markets Among Most Vulnerable to COVID-19 Economic Impacts

IRVINE, CA—A recently released study has found that pockets of the Northeast, including three counties in the Hudson Valley region, were most at risk to the impacts of the coronavirus heading into 202 ...

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Governor Considering Pushing Up Timeline on Downstate Casinos

By John JordanWhile details are still sketchy at press time, the massive state deficit that has been estimated between $8 billion to $15 billion, may be the cause for the state to begin the process of ...

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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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