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Orange County Partnership - News

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U.S. and Global Investment Activity Forecast Brightens After Tough 2020

Commercial real estate brokerage firm CBRE recently released an analysis on global investment that chronicled the challenges investors faced in 2020 due to the coronavirus pandemic, but also detailed ...

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Site Selectors Bullish on Activity, Investment Prospects for 2021

A recent survey of site selectors indicates their collective belief that 2021 will feature renewed site selection activity, continued skilled labor shortages and a shakeup of the global supply chain. ...

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Should Your Company Make Vaccinations Mandatory

By Mike Turturro, RBT CPA's Have you considered making COVID-19 vaccinations mandatory? If so, you’re not alone. Manufacturing workers have navigated uncertainty and unprecedented challenges sinc ...

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Garnet Continues Expansion Project; Opens New Practice in Revamped Goshen Retail Center

Garnet Health Medical Center and its affiliate Garnet Health Doctors reached new milestones recently on their respective expansion programs. On May 10, Garnet Health Doctors, formerly Orange Regi ...

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President Container Group Begins Construction On $40-Million Expansion in Orange County

By John Jordan President Container Group broke ground on April 21 on a $40-million expansion project that upon completion will make its Ballard Road complex in the Town of Wallkill one of the lar ...

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With Work at Home Policies Still in Place, 5G is ‘More Important Than Ever’

Commercial brokerage firm Cushman & Wakefield recently issued a briefing in its The Edge magazine that discussed the emergence and importance of 5G communications technology in light of work at ho ...

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Election, $1.9-Trillion Stimulus Brighten Industrial Outlook for 2021

During the height of the COVID-19 crisis, the industrial real estate market was the outlier, growing in spite and in some cases because of the pandemic. The growth of e-commerce and the need for ...

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Hotels Showing Signs of Recovery from COVID

As health and safety restrictions continue to be lifted across the nation, the hotel industry, which was battered by the coronavirus pandemic, is showing signs of improvement. Amanda Dana, direct ...

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Orange County IDA Approves Incentives for $150M Cannabis Project at Warwick Valley Office & Tech. Park

By John Jordan A reconstituted Orange County Industrial Development Agency Board of Directors approved incentives on March 30th for a $150-million cannabis cultivation, extraction and manufacturi ...

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NAR Panel Predicts Economic Recovery from COVID Will Fuel Growth in Some Commercial Markets in 2021

By John Jordan A panel of leading real estate economists predict that with continued COVID-19 vaccination efforts nationwide, an improving economy will strengthen some commercial real estate mark ...

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A Closer and Unique Perspective on the Reasons Behind the Exodus from Cities

Almost since the pandemic began a year ago, reports have surfaced about the flight of many city residents to the suburbs in reaction to rising infection rates and imposed lockdowns. As the virus ...

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City of Newburgh Issues RFPs on Three East End Development Sites

The City of Newburgh is seeking development proposals for three city-owned properties located in the heart of the Newburgh’s East End Historic District. The city announced on March 17 that the fi ...

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ABG Program Tackles Pressing Need for Orange County to Address Need for Affordable, Workforce Housing

The Alliance for Balanced Growth recently staged an informative program that tackled the perplexing issue of how Orange County can offer more workforce housing in an environment of rising home prices. ...

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NYSDOT Updates Public on Environmental Study of Route 17 Corridor

More than 100 community and business leaders from the Hudson Valley zoomed in March 18 for a presentation by the New York State Department of Transportation on the status of a Planning and Environment ...

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President Container Invests in ‘Game Changing’ Technology to Increase Efficiency, Delivery Times to Customers

Pressed by global competition, rising costs and the coronavirus pandemic, manufacturing firms are making significant investments in advanced technology to increase production and workforce efficiencie ...

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Storied Anthony’s Pier 9 to be Sold; To Be Converted into Movie Studio

By John Jordan Orange County’s premier wedding, catering and event venue Anthony’s Pier 9 in New Windsor is in contract to be sold to an entity that plans to convert the 70,000-square-foot facili ...

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Brokerage Firms Bullish on Industrial, Logistics Sectors in 2021

As Orange County continues to see significant industrial real estate development and investment from the likes of Amazon, Medline and others, two major commercial real estate brokerage firms believe t ...

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More Than $1-Billion in Energy Projects in Pipeline in Hudson Valley

The Mid-Hudson Valley region is poised to benefit from more than $1 billion in energy-related projects. In Orange County, alone, two projects—an upgrade of an existing energy plant, and another involv ...

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March 16th ABG Program Tackles How Orange County Can Address the Urgent Need for Workforce Housing

MIDDLETOWN, NY—While the residential sales market in Orange County is red hot, sales prices continue to rise, thus putting the squeeze on average working families here and making the American Dream of ...

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Long-Time Efforts to Improve Route 17 Coming to Fruition

For decades, the traffic issues along Route 17 have created headaches and obstacles for those who live, work, and play in the Mid-Hudson Region.  But now momentum is building to finally see neede ...

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The Pros and Cons of $15 Minimum Wage on the Economy, Site Selection and Business

Although the Biden administration’s proposal to mandate a $15-minimum wage did not make it to the final “American Rescue Plan” that passed Congress, the Orange County Partnership felt a deep dive on t ...

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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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