Industrial Development Agency
The Mission of the City of Yonkers IDA includes undertaking projects and programmatic initiatives in furtherance of and to advance the job opportunities, health, general prosperity and economic welfare of the people of the City of Yonkers and to improve their recreational opportunities, prosperity and standard of living.
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Yonkers IDA Approves Major Tax Breaks for 41-Story Teutonia Hall Development
Yonkers IDA approves incentives for Teutonia Hall, a residential tower complex, and Champlain Hudson Power Express project.
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Affordable Housing Boost: Westchester County Funds Senior Apartments in Yonkers
Westchester County has just announced that it will allot $2.7 million towards affordable housing in Yonkers.
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Deputy Mayor Anthony Landi Takes Over Building Department; Former Deputy Mayor Sue Gerry Returns
Anthony Landi replaces Sam Borrelli as the Commissioner of the Dept of Housing and Buildings and Sue Gerry returns as Deputy Mayor.
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Acting Planning Commissioner Jim Cavanaugh Fires Deputy Lee Ellman After Decades of Service
The acting Planning Commissioner, Jim Cavanaugh, unceremoniously terminated Deputy Commissioner Lee Ellman on Friday.
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Yonkers Approves Tax Incentives for $458 Million Luxury Residential Complex
The Yonkers Industrial Development Agency (YIDA) has granted preliminary approval for financial incentives for Teutonia Hall. This colossal $458 million mixed-use residential complex is set to redefine the city’s skyline. Hence, AMS Acquisitions, the developer behind the project, heralded it as the most significant undertaking in recent years. AMS acquired the former Teutonia Hall property…
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Yonkers Industrial Development Agency President Now Also the Acting Commissioner of Planning Department
The CEO of the YIDA, James Cavanaugh, has been pulling double-duty as the acting Commissioner of the Planning department since August.
