Even during these difficult economic times, Regeneron desires to expand its growing operation and has considered its options regarding expanding in Greenburgh or elsewhere, and has decided to remain in Greenburgh Regeneron currently occupies two buildings but will expand into a third building. The owner of the building has agreed to discontinue all prior certiorari proceedings, and Regeneron agrees it will not file litigation regarding said fixed assessments for the term of the PILOT agreement with the town.
ON MONDAY the Town Board will also vote on a rezone application that will enable Stop & Shop to build a major supermarket on 119. Last week the town approved another supermarket at the other end of the town: Shoprite at the Midway shopping center.
This has been the best week for the town in many years re: economic development. We're proud of the fact that Greenburgh is able to attract world class companies to our town. Special thanks to all the members of the Greenburgh Town Board (Sonja Brown, Diana Juettner, Kevin Morgan, Francis Sheehan), Assessor Edye McCarthy, Town Attorney Tim Lewis and Commissioner of Planning Thomas Madden who worked all weekend (day and evening hours ---just received some e mails and phone calls after 11:30 PM on Sunday) preparing for these votes.