.
Feedback

Letter to the Editor: Starwood Comments on Plans for United Hospital Site

A letter from Starwood Capital's Ellis F. Rinaldi, EVP/Co-General Counsel.

Dear Editor:

On Monday night, the Board of Trustees made an important decision to commence the environmental impact review process for the redevelopment of the former United Hospital site.  This is a critical step forward for the property’s redevelopment and we thank the Board for taking this first step in a multi-step process. This review will involve a thorough evaluation of a full range of its benefits, potential impacts, and measures designed to minimize those impacts – affording the Board and the public an opportunity to collaboratively assess the proposal on its merits. We at Starwood Capital Group share the Board’s goal of maximizing the redevelopment potential of this property in a way that is both economically viable and beneficial to the community and we look forward to a continued constructive dialogue with the Village Board, Village Staff and the Port Chester residents in the coming months. 

We recognize there are differing views on what the preferred development plan should be for this site; however, we all agree that revitalizing this vacant and underutilized property and returning it to a productive use is vital for the future of the Village of Port Chester.  Starwood’s proposal will yield many significant benefits including enhanced revenue for the Village and its school district, the creation of permanent new jobs, and injecting new discretionary spending into the local economy – not to mention be a symbol of urban renewal and growth. 

We are confident that, through the constructive efforts of all interested parties, the review process will result in a win/win scenario for the entire Village producing significant benefits that far outweigh any perceived impacts.

We thank the Port Chester Board of Trustees, Village Staff and the community for this opportunity and wish you and your families a happy and healthy Thanksgiving holiday.

Very truly yours,

Ellis F. Rinaldi

EVP/Co-General Counsel

Newsletter & Alerts

Get the best stories each day and important breaking news

Subscribe

Not from Port Chester Patch? Find your Local Patch »

Loading comments ...
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
PC Lover May 9, 2013 at 05:50 pm
Here's all the information anyone would need to choose the most prepared, competent andRead More knowledgeable candidate. Watch the debate for yourself: http://vimeo.com/65783040
PC Lover May 9, 2013 at 03:59 pm
Aidan ... your words are eloquent and true.
JJ May 9, 2013 at 03:50 pm
Wow, that's a lot of information. Thanks for sharing it.
Aidan May 20, 2013 at 05:54 pm
Of all the great sites in the village, Patch chooses this? Either a purposeful error or just a caseRead More of laziness. Change it.
HomeGrown10573 May 15, 2013 at 10:26 pm
Linda T., I would guess Mrs. Brakewood lives in Port Chester if she is running for the Port ChesterRead More Board of Ed. Even if the schools had to impose an austerity budget, your taxes would still go up. The state has more control in these matters than you think.
Aidan May 15, 2013 at 07:09 pm
Linda, the per pupil expenditure in PC schools is the lowest in Westchester and Rockland countiesRead More ... by about $2,000 per student. The issue is two fold. First, our property values are not as strong as our neighbors, so our homes have a higher levy in order to fund the schools. Second, and more important, is that the reliance on property taxes slams moderate income communities like PC. We need for the state to move to an income tax to fund schools. Scream at your legislators ... not the BoE.
Linda Turturino May 15, 2013 at 11:25 am
I am concerned there is not enough attention to detail in the BOE budget overall and Mrs. BrakewoodRead More comment about keeping taxes affordable ... where does she live ? they are out of control and in my opinion the money we pay for taxes we should have the best looking schools anywhere ... just my opinion
Working Mom March 11, 2013 at 03:58 am
What a mean thing to do to the people who live nearby. Why can't this event be held in a park orRead More someplace else where it won't be such a hardship?