Archive for the ‘Business’ Category

Yonkers’ Excelsior Packaging to lay off 112

Wednesday, November 20th, 2013

The Excelsior Packaging Group in Yonkers has informed state officials that it will lay off 112 workers by February 5.

The company at 159 Alexander St. said the layoffs are due to a plant closing and economic conditions.

Excelsior Packaging is owned by Ron Shemesh, who has big plans for the Yonkers waterfront.

Shemesh’s company Glenwood POH wants to preserve and redevelop the Glenwood Power Station, a derelict property at 45 Water Grant St.

The $200 million plan also calls for building a two-story, 870-space parking garage in the hillside of an adjacent park. The project, slated to open in 2016, is estimated to create 1,800 construction jobs and 955 permanent ones.

The Glenwood Power Station sits north of the Excelsior Packaging Group and the redevelopment of both properties fit into the Alexander Street redevelopment plan adopted by the city in 2008 to transform a 153-acre strip of industrial land from the new apartment buildings near the Yonkers Pier to the JFK Marina.

The workers at the plant are represented by the Consolidated Commercial Workers of America, Local 528, according to the company’s filing on November 12.

Twitter: @Ernie_G_journo

WESTMED, Montefiore and Simone Healthcare announce new medical office

Friday, October 18th, 2013

photoWESTMED Practice Partners and Montefiore Medical Center will partner and lease a new 11-story medical arts building in the Bronx from Simone Healthcare Development Group.

Construction on the 93,000-square-foot complex at 3741 Riverdale Ave. is expected to begin November 1 and it will take about 18 months.

The Purchase-based WESTMED will provide administrative and technological support for Montefiore’s one-stop facility that will provide urgent care and specialty services.

The planned Riverdale complex is WESTMED’s second venture outside of Westchester County.

Simone Healthcare is currently building WESTMED’s new headquarters and medical arts building at 3030 Westchester Ave. in Purchase.

The new Riverdale complex is the latest example of what Simone officials have recently described as the latest trend in healthcare where a variety of services are performed in non-hospital settings at a lower cost to insurers and patients.

“Given the complexity of medicine today, it’s clear that patients prefer the full spectrum of their outpatient healthcare streamlined, coordinated and provided by the finest doctors—all under one roof,” said Simeon A. Schwartz, M.D., chairman and CEO of WESTMED Practice Partners, in a statement.  “This approach not only provides convenience to the patient, but lowers the cost of healthcare.”