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Council signals no objection to Westchester County IDA tax exemptions for 70 Westchester Avenue project
Summary
The White Plains Common Council on June 10 adopted a resolution of no objection to a Westchester County IDA financing package for a mixed‑use project at 70 Westchester Avenue, preserving developer payments that replace local sales and mortgage tax revenues.
The White Plains Common Council on June 10 adopted a resolution registering no objection to a proposed Westchester County Industrial Development Agency (IDA) financing package for a project at 70 Westchester Avenue, a step the city said preserves a developer payment that replaces sales and mortgage tax revenues the city would otherwise waive.
Councilman Martin clarified that the council’s action was not a site‑plan approval or a vote to grant IDA benefits; rather it was…
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