• RPW Group to Invest $15 Million in Westchester County Property

  • MAY 16, 2014 | ECONOMIC DEVELOPMENT, REAL ESTATE

  • WCA BLUEPRINT Accelerator Partner to Create 39 Construction Jobs in Building Upgrade

  • The RPW Group, one of region’s largest commercial real estate developers and a key investor in the Westchester County Association’s BLUEPRINT Accelerator Network, has big plans for building out its property at 440 Mamaroneck Avenue in Harrison. After purchasing the vacant former Citibank building, RPW leased half of the space; now, the Rye Brook-based company will invest $15 million in upgrading the building’s infrastructure, preparing another 176,000 feet of space for commercial occupancy, according to a report posted by The Journal News.  


    “That’s smart spending, and the kind of investment we need to attract quality companies to Westchester County and retain the excellent firms we have,” said Marissa Brett, WCA’s executive director for the BLUEPRINT for Westchester, the organization’s economic development initiative driven by the private sector. “Not to mention the construction jobs this will create—more good news for Westchester!”

    Major tenants in the building, constructed in 1978, include The Bank of New York, Castle Oil, and Diversified Investment Advisors, Inc., according to RPW Group’s website. The company made the announcement at a of the Westchester County Industrial Development Agency, which offers incentives and benefits to eligible companies. RPW group seeks a $195,000 tax exemption for the project. 

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