Port Chester public meetings in 2022
13 substantive meetings from 2022, with official agendas or minutes and plain-English summaries.
Industrial Development Agency
The Port Chester Industrial Development Agency will hear a presentation on a project at 28-34 Pearl Street and discuss financial due diligence reports for 140-150 Westchester Avenue, including draft PILOT agreements. The board will also consider policy updates, approve minutes, and receive reports from the administrator, IT director, and treasurer.
- Presentation on 28-34 Pearl Street project by Saxum RE and St Katherine Group
- Financial due diligence and draft 15- and 20-year PILOT templates for 140-150 Westchester Avenue
- Discussion of displacement assistance letter and as-built appraisal for 140-150 Westchester
- Review of draft policies: Code of Ethics, Investment, Procurement, Property Disposition, Travel, Whistleblower
- Approval of minutes from November 9 and November 30, 2022
The Port Chester IDA heard presentations on two projects and scheduled a public hearing for January 5, 2023, on both 15- and 20-year PILOT options for the 140-150 Westchester Avenue project. The board approved a project authorizing resolution for the 2SM Development project, and approved several budget transfers, including $30,000 for an Accela software build-out and $1,826 for cyber insurance. Policy approvals were tabled until January.
- Scheduled Jan. 5, 2023 public hearing on 15- and 20-year PILOTs for 140-150 Westchester Ave.
- Approved project authorizing resolution for 2SM Development
- Approved $30,000 transfer for Accela IDA build-out
- Approved $1,826 transfer for cyber insurance
- Approved $750 transfer for publications and notices
- Tabled policy approvals until January
- Approved payment of monthly invoices
Industrial Development Agency
The Port Chester Industrial Development Agency is meeting to hear an applicant presentation and hold a public hearing, with written comments from Neil Pagano on file. The agenda is otherwise procedural, with no specific project details or financial figures listed.
- Applicant presentation
- Public hearing on linked documents
- Written comments from Neil Pagano
The Port Chester Industrial Development Agency held a public hearing on a proposed $150M mixed-use redevelopment by 2SM Development at South Main Street and Westchester Avenue. The project would include 325 apartments, commercial space, and parking, with financial assistance including tax exemptions and a PILOT agreement. Public comments were heard, including support from a displaced restaurant owner and concerns about jobs, traffic, and school overcrowding. No vote was taken; the hearing was adjourned.
- Public hearing held on 2SM Development's $150M mixed-use project (no vote taken)
- Project includes 325 apartments, 7,500 sq ft amenity space, 6,800 sq ft commercial space, 332 parking spaces
- Financial assistance proposed: sales/use tax exemption, mortgage recording tax exemption, PILOT agreement
- Cost-benefit ratio of 1.13 and $2.6M in mitigation payments to Village and Schools cited
- 10% affordable housing set aside at 60% of Westchester County Area Median Income proposed
- Public comments heard from 4 speakers; hearing adjourned at 7:15pm
Industrial Development Agency
The Port Chester Industrial Development Agency will review a financial due diligence report on the 2SM application, consider a new application from 140-150 Westchester Avenue, and discuss updates on recent benefit awards. The board will also approve minutes, reports, and invoices, and consider policy ratifications.
- Financial due diligence report on 2SM application
- Application from 140-150 Westchester Avenue for initial project resolution
- 2SM application revised pages and related documents (PILOT drafts, mitigation fees)
- Hudson assignment agreement closed November 1st; extension request
- 108 Gateway LLC closed on October 28th
The Board scheduled a public hearing for November 30th regarding a 20-year PILOT for the 2SM Development project. The Agency also accepted a new project application for 140-150 Westchester Avenue and granted a closing extension for Hudson-Abendroth Green Properties.
- Scheduled public hearing for 2SM Development 20-year benefit scope (No objection)
- Accepted revised application pages for 2SM Development (No vote tally recorded)
- Approved initial project resolution for 140-150 Westchester Ave (5-0)
- Approved 12-month closing extension for Hudson-Abendroth Green Properties (5-0)
- Authorized payment of monthly invoices totaling $8,141.62 (No vote tally recorded)
- Approved banking investment resolution to establish new accounts (5-0)
- Approved minutes for October 12, 2022 (5-0)
🗳️ How they voted (1 roll-call vote)
Industrial Development Agency
The Port Chester Industrial Development Agency will hear presentations on proposed projects at 140-150 Westchester Avenue and 229 Willett Avenue, and discuss a review of IDA policies. The board will also consider routine items such as minutes, reports, and an administrative director contract.
- Presentation on project at 140-150 Westchester Avenue by St. Katherine Group and Saxum RE
- Presentation on project at 229 Willett Avenue by NRP Group and St. Katherine Group
- Governance Committee to discuss scheduling and process for IDA policies review
- Discussion of Gap Analysis RFP and meeting with Port Chester Rye Union Free School District
- Approval of Administrative Director Contract
The Port Chester IDA accepted an application from 2SMS for a project at South Main Street, initiating the due diligence process. The board also heard presentations on proposed mixed-use projects at 140-150 Westchester Avenue and 229 Willett Avenue, inviting both to submit formal applications. No final approvals were granted; the board approved minutes, reappointed the administrative director, and authorized payment of invoices.
- Accepted 2SMS application for initial project resolution (motion passed)
- Approved minutes of September 14, 2022 meeting
- Reappointed Christopher Steers as PCIDA Administrative Director
- Authorized payment of October invoices totaling $7,691.92
- Invited St. Katherine Group/Saxum RE to submit application for 140-150 Westchester Ave
- Invited NRP Group/St. Katherine Group to submit application for 229 Willett Ave
- Entered and exited executive session on financial history of individuals/corporations
🗳️ How they voted (2 roll-call votes)
Industrial Development Agency
The Port Chester Industrial Development Agency is holding its regular meeting to discuss routine administrative matters, including approval of minutes, reports from the AD, IT Director, and Treasurer, and an annual agency reorganization. The board will also consider the proposed FY2022-2023 budget and may enter executive session for confidential matters. No major public decisions or projects are listed on the agenda.
- Approval of August 10, 2022 minutes
- Annual agency reorganization and mid-year reorganization
- FY2022-2023 proposed PCIDA budget
- Treasurer's report with financial snapshot and monthly invoices
- Executive session for confidential files
The Industrial Development Agency completed its annual reorganization, reaffirming all existing policies, budgets, and committee appointments. The Board agreed to update the Child Mitigation Study and declined to partner with the Village on stormwater and transportation projects.
- Approved August 10, 2022 meeting minutes
- Agreed to undertake an update of the Child Mitigation Study
- Decided not to participate in the downtown stormwater flooding mitigation study
- Decided against partnering with the Village on the Transportation Master Plan
- Reaffirmed all committee members, policies, and the budget
- Reappointed Rosalind Cimino as Acting Secretary/IT Director
🗳️ How they voted (3 roll-call votes)
Industrial Development Agency
The Port Chester Industrial Development Agency will hear the FY 2021-22 financial audit presentation, discuss the annual board evaluation, and review PARIS filings. They will also approve financial statements and PARIS findings, and discuss outreach to the school district.
- FY 2021-22 Financial Audit Presentation by Drescher & Malicki
- ABO Annual Board of Directors Evaluation Discussion
- Presentation of PARIS Filings by Julie Marshall of Harris Beach
- Approval of Financial Statements and PARIS Findings
- Outreach to Port Chester Rye Union Free School District
The Board accepted the FY 2021-22 financial audit and the state-mandated PARIS filing. Members also approved the payment of July invoices and the minutes from the July 13, 2022 meeting.
- Accepted FY 2021-22 financial audit and PARIS filing
- Approved minutes for July 13, 2022
- Authorized payment of July invoices totaling $6,408
🗳️ How they voted (1 roll-call vote)
Industrial Development Agency
The Port Chester Industrial Development Agency is meeting to hear a presentation from Hyperion Development Group on a project at an assemblage at 2 So. Main St., and to discuss refining the IDA process. The board will also receive updates on the 44 Broad Street project, a transfer request from Port Chester Holdings LLC/Hudson Companies, and various administrative reports.
- Presentation by Hyperion Development Group on project at 2 So. Main St.
- Update on 44 Broad Street Owner LLC project at 44 Broad St.
- Port Chester Holdings LLC/Hudson Companies transfer request
- Application update with changes to Project Recapture, Termination and Assignment Policy
- Approval of invoices and agency financial snapshot
The Port Chester Industrial Development Agency approved transferring ownership of the Port Chester Holdings I project to Abendroth Green LLC, a unit of The Hudson Companies. The board also approved amendments to its financial assistance application, including a 60-day vetting period for ownership changes over 50% and the State's prevailing wage guidelines. The board approved adding Storrs Associates to its roster of financial analysts and authorized payment of June invoices. A presentation on a proposed project at 2 So. Main St. was heard, with no formal application yet filed.
- Approved transfer of Port Chester Holdings I ownership to Abendroth Green LLC, a Hudson unit (5-0, 2 absent)
- Approved amendments to the IDA financial assistance application, adding a 60-day vetting period for ownership changes over 50% and prevailing wage guidelines (5-0, 2 absent)
- Approved adding Storrs Associates to the IDA roster of financial analysts (5-0, 2 absent)
- Approved minutes of the June 8, 2022 meeting (5-0, 2 absent)
- Authorized payment of June invoices: $1,500 to AD Christopher Steers, $750 to Treasurer Anthony Siligato, $1,000 to IT Director Rosalind Cimino, $2,850 to Harris Beach General Counsel (5-0, 2 absent)
- Adjourned the meeting (5-0, 2 absent)
🗳️ How they voted (2 roll-call votes)
Industrial Development Agency
The Port Chester Industrial Development Agency is meeting to discuss and potentially act on the 108 Gateway LLC project, including its final application and a project authorizing resolution. The board will also hear a presentation on a project at 44 Broad Street, discuss a recapitalization request from Port Chester Holdings LLC, and approve minutes from prior meetings. Several reports and routine approvals are also on the agenda.
- 108 Gateway LLC final application and project authorizing resolution
- Renatus Group presentation on a project at 44 Broad Street
- Port Chester Holdings LLC recapitalization request with The Hudson Companies
- Approval of minutes from February 9, March 9, May 11, and June 1 meetings
- PCIDA named as involved agency under SEQRA in United Hospital redevelopment
The Port Chester Industrial Development Agency approved an updated application budget and a Project Authorizing Resolution for financial assistance to 108 Gateway LLC (The Magellan) at 108 South Main Street, following a June 1 public hearing at which the only comment received was favorable. The assistance includes Sales and Use Tax abatements, a Mortgage Recording Tax Abatement, and a 20-year PILOT. The Board also approved minutes from four prior meetings and approved monthly invoices for payment. The Renatus Group presented a proposed residential project at 44 Broad Street; a draft application was submitted that day and staff will review it and bring it to the Board next month.
- Approved updated application budget for 108 Gateway LLC (Magellan), 108 South Main Street (6-0)
- Approved Project Authorizing Resolution granting financial assistance to 108 Gateway LLC — Sales and Use Tax abatements, Mortgage Recording Tax Abatement, 20-year PILOT (6-0)
- Approved minutes of February 9, March 9, May 11 meetings and June 1 Public Hearing (Hiensch abstained on 5/11 and 6/1; Allen abstained)
- Approved monthly invoices for payment, including National Development Council $8,750 and Westmore News public hearing notice $288.60 (6-0)
- Adjourned to Executive Session
🗳️ How they voted (4 roll-call votes)
Industrial Development Agency
The Port Chester Industrial Development Agency is meeting to review a due diligence report on the Magellan project at 108 South Main Street, consider adding a financial analyst to its roster, and discuss an MTA RFP for a prospective lower King Street transit-oriented development. The board will also approve minutes, invoices, and hold an agency reorganization with officer elections.
- Due diligence report on Magellan project (108 South Main Street)
- Proposed addition to IDA Roster of Financial Analysts
- MTA RFP for lower King Street TOD project
- Approval of April and May invoices
- Resolution for election of officers and reapproval of agency policies
The Port Chester Industrial Development Agency met May 11, 2022 and was broadly supportive of scheduling a June 1 public hearing on a 20-year PILOT (payment in lieu of taxes) for the 108 South Main Street project, after a due diligence report said it could not be built without that assistance. The Board approved April and May invoices and elected Frank Ferrara as Chair, Richard O'Connell as Vice Chair and Michael Brescio as Treasurer. It also agreed to consider adding Juliana Alzate to the Governance Sub-Committee and John Allen to the Audit and Finance Sub-Committee, and asked financial analyst Victoria Storrs to submit a more formal proposal. The meeting ended by adjourning to Executive Session to discuss a personnel matter, with no action to be taken.
- Endorsed scheduling a June 1 public hearing on a 20-year PILOT for 108 South Main Street (broadly supportive, no formal vote recorded)
- Approved April and May invoices, including $1,500 to AD Christopher Steers and $296 to Westmore News for a public hearing notice
- Elected Frank Ferrara as Chair, Richard O'Connell as Vice Chair and Michael Brescio as Treasurer
- Appointed Frank Ferrara Acting Chair for the May 11 meeting
- Agreed to consider placing John Allen on the Audit and Finance Sub-Committee and Juliana Alzate on the Governance Sub-Committee
- Asked Victoria Storrs of Storrs Associates to submit a more formal proposal to join the IDA roster of financial analysts
- Adjourned to Executive Session to discuss a personnel matter, with no action to be taken
🗳️ How they voted (5 roll-call votes)
Industrial Development Agency
The Port Chester Industrial Development Agency will review an application and a final report regarding 108 South Main Street. The meeting also includes reports on the budget, IT directory, and county initiatives.
- Presentation and IDA application for 108 South Main Street
- Initial Project Resolution for 108 South Main Street
- Review of March invoices and budget
- IT Director summary report
The Board voted to accept an application from RMA Development for a project at 108 South Main Street and begin due diligence. The agency also adopted its 2022-2023 budget and approved monthly invoices.
- Accepted application and passed Initial Project Resolution for 108 South Main St (5-0)
- Adopted the IDA 2022-2023 Budget (5-0)
- Approved monthly invoices for payment (5-0)
- Agreed that financial analysts must certify no conflict with applicants when taking PCIDA work
🗳️ How they voted (5 roll-call votes)
Industrial Development Agency
The Port Chester Industrial Development Agency is meeting to consider an authorizing resolution for the Port Chester Holdings project, along with related application materials. The board will also approve minutes from prior meetings, hear reports from staff and the treasurer, and approve invoices.
- Port Chester Holdings Project Authorizing Resolution
- Port Chester Holdings Letter to the IDA
- IDA Application Replacement Pages
- Approval of minutes from 1/12/22 and 2/1/22
- PCIDA Invoices for Approval 02/09/22
The Port Chester Industrial Development Agency approved a Project Authorizing Resolution for Port Chester Holdings LLC covering a 20-year scope of benefit. A motion to amend the term to 15 years was made but died for lack of a second, and the 20-year resolution was then approved. The Board also accepted the updated application from Port Chester Holdings LLC and approved monthly invoices for payment. The minutes do not record the individual vote tallies for the 20-year resolution, as the vote table was left blank.
- Accepted updated application from Port Chester Holdings LLC
- Approved Project Authorizing Resolution for Port Chester Holdings LLC for a 20-year period
- Motion to amend the resolution to 15 years failed for lack of a second
- Approved minutes of 01/12/22 and 2/1/22 (Port Chester Holdings public hearing)
- Approved monthly invoices for payment, including $1,500 to AD Christopher Steers, $750 to Treasurer Anthony Siligato, $1,000 to IT Director Rosalind Cimino, $550.25 to Harris Beach General Counsel, $168 to Envelopes & Printed Products, Inc., and $2,250 to Camoin Associates
- Adjourned; next meeting scheduled for March 9, 2022
🗳️ How they voted — 1 divided vote
Industrial Development Agency
The Port Chester Industrial Development Agency is holding a regular meeting on February 2, 2022, immediately following a public hearing. The agenda contains only routine items: chairman's remarks, public comments, and links to public hearing documents. No specific decisions, proposals, or financial actions are listed, making this a procedural meeting.
- Public hearing documents linked for review
- Board member Daniel Brakewood attending via videoconference from Maine
- Meeting streamed on PCTV and local cable channels 43 (FIOS) and 75 (Optimum)
The Industrial Development Agency held a public hearing for a proposed $89.2 million redevelopment project by Port Chester Holdings I, LLC. The project involves demolishing existing structures at 27-45 North Main Street and building a six-story complex with 203 apartments and commercial space. The agency is considering providing financial assistance through tax exemptions and a PILOT agreement, but no final approval or vote was recorded in these minutes.
- Public hearing opened for Port Chester Holdings I, LLC project
- Project description read into record: $89.2M investment, 203 units
- Applicant presented benefits including flood mitigation and local hiring
- Agency cost-benefit analysis reviewed for tax exemptions and PILOT
- Public comments received from residents and business owners
- No final vote or approval recorded in these minutes
Industrial Development Agency
The Port Chester Industrial Development Agency is meeting to review a revised due diligence report for Port Chester Holdings I, presented by Camoin Associates/Storrs Associates. The board will also approve minutes from previous meetings and receive reports from the AD, IT Director, and Treasurer, including a financial snapshot as of 12/31/21.
- Revised due diligence report for Port Chester Holdings I
- Approval of minutes from October 13, November 10, and December 8, 2021
- IDA Financial Snapshot as of 12/31/21
- IDA Invoices
- Board member Daniel Brakewood attending via videoconference from Maine
The Port Chester Industrial Development Agency agreed to hold a public hearing on Tuesday, February 1, 2022, on the proposed scope of IDA benefits for Port Chester Holdings I, with the site to be determined between the Town of Rye Justice Court and the Port Chester Senior Center. A consultant, Victoria Storrs, presented an updated financial assessment concluding the project could only be induced with a 20-year scope of benefits rather than 15 years, citing construction cost increases averaging 10%. The Board also approved bundled minutes from its October 13, November 10, and December 8, 2021 meetings and approved monthly invoices. No final decision on the scope of benefits was made.
- Agreed to hold a public hearing on Port Chester Holdings I benefits on Tuesday, February 1, 2022 (site to be determined)
- Approved bundled minutes of the October 13, November 10, and December 8, 2021 meetings (Hiensch abstained)
- Approved monthly IDA invoices (7-0)
- Received presentation that Port Chester Holdings I could only be induced with a 20-year PILOT scope, not 15 years
- Heard update that 30 Broad Development closed on sales tax benefits before year end, generating a partial IDA fee; balance expected within 30 days