Westchester County Executive George Latimer (left) signs lease with Fareri Associates president John Fareri.
TARRYTOWN—At a meeting of the Westchester County Association on Thursday, Westchester County Executive George Latimer announced the county had signed a 99-year lease for 60-acres of county-owned property to be developed as a $1.2-billion biotechnology park that could total between 2 million to 3 million square feet of mixed-use space.
The concept of developing a bioscience facility in Westchester has been discussed for about a decade, but took hold in January 2016 when then Westchester County Executive Robert Astorino announced the county hoped to finalize a long-term lease deal with Fareri Associates of Greenwich, CT to develop the bioscience park called the “Westchester BioScience & Technology Center on county-owned property called the “North 60.”
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
