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Mayor Mike Spano , the Yonkers City Council, the Yonkers Industrial Development Agency and Alfred Weissman Real Estate, LLC were at the ceremony.
“The hotel business in Yonkers is growing rapidly, a strong indication that the city is establishing itself as a leading destination for business and travel,” said Spano. “Business developers are confident in the future of Yonkers and they’re saying so by investing in us.”
The Yonkers Industrial Development Agency (YIDA) approved assistance for the project in May 2014, adding it to the city’s growing roster of nationally branded hotel chains. The hotel is planned to open in late summer.
“We’re excited to be part of the economic renaissance under the leadership of Mayor Spano. We also want to thank Councilman John Larkin and the local community for working together to create a project that will be a great asset to the City of Yonkers,” said Al Weissman, of Alfred Weissman Real Estate, LLC.
The real estate company has developed other commercial properties in Yonkers, including the former Herald Statesmen Building and 20 S. Broadway.
When completed, the hotel will offer a state-of-the-art hospitality experience including a pool, fitness center and comfortable lobby environment. The hotel will provide an estimated 50 permanent positions, as well as nearly 200 temporary construction jobs.
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