tWestchester & Fairfield Cheat Sheet: Valhalla lease signed for $1.2B biotech center, Diageo ditches Norwalk for NYC … & more

Developer inks Valhalla lease for new $1.2B biotech center A $1.2 billion biotechnology center is slated to rise in Valhalla, the Westchester County Business Journal reported. Westchester County Executive George Latimer signed a 99-year lease last week with developer John Fareri of Fareri Associates for 60 acres of land at the Grasslands Reservation, according to[…]

California governor wants Silicon Valley to loan $500M to tackle housing shortage

Developers in California could have a new source of capital for workforce. Gov. Gavin Newsom wants Silicon Valley tech companies to lend $500 million in low-interest cash to developers to build housing for middle-class Californians, according to the Los Angeles Times. Continuing his early push for more housing days after taking office, Newsom plans to[…]