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Freedman to leave REDC post

By BOB ROZYCKI

Holly Freedman, president and chief executive officer of Rockland Economic Development Corp. for nearly 13 years, is resigning effective April 1 to join the National Executive Service Corps.

Shock and awe
Rockland company takes the vibe out of vibration
By BOB ROZYCKI

Serge Seguin is a thinking man’s company owner and president.

His worries are not solely focused on the bottom line, but also on fostering mutual respect between himself and his employees.

“You don’t grow a business from nothing to over hundred people if you don’t have (a) team of good people who believe in you and you believe in them and you can trust each other. It’s like everything in life. There is reciprocity in everything.”

Going for the green
TechCity targets renewable energy in bid to fill space

By BRYAN F. YURCAN

TechCity in Kingston is looking to increase its occupancy rate by marketing itself in the coming months as a home for manufacturers of green building materials and alternative energy resources.

Tech incubator connecting with business
By KATHY KAHN

With renewed vitality at the Rondout and developers like AVR Realty vying to re-create downtown Kingston, the city is once again attracting new business and residents.

Putnam hospital offers free valet service for now
By BOB CHUVALA

Patients and visitors to Putnam Hospital Center in Carmel won’t have much trouble parking their cars over the next several months during construction of the hospital’s new addition. All they’ll have to do is pull up to a kiosk and let a valet attendant park their car. For free. “We’ve expanded our valet parking service so people won’t have to search for parking spaces,” said Marjorie Schneider, director of marketing.

With new budget near, Bruno offers $1.3B in tax cuts
By ALEX PHILIPPIDIS

State Sen. Majority Leader Joseph Bruno, R-Brunswick, has proposed his own three-year $1.3 billion series of tax cuts targeted to smaller businesses. Nearly half the savings -- $550 million worth -- would be achieved by eliminating the income tax and corporate franchise tax on manufacturers, regardless of size and status. The cut would apply to manufacturers operating as a corporation, or as a partnership, or limited liability company.

Helicopter service waits, watches developments at Stewart
By KATHY KAHN

AAG/Sikorsky, like many others in the Hudson Valley, is keeping an eye on Stewart International Airport. Since National Express Group announced its intentions to sell its lease, the Dutchess County-based helicopter company waits in the wings to see what develops.

Mets’ Glavine pitches benefits of AirTran at its Stewart debut

By KATHY KAHN

Team was the theme when an AirTran Airways jet touched down at Stewart International Airport to inaugurate the airline’s new schedule.

Region cashes in on tourism
Counties record $5.5B in sales
BY CHRISTINA OCCHIPINTI

The Hudson Valley’s tourism sector is thriving, due in part to the region’s mix of historic sites, high-end shopping venues and entertainment offerings.

Interest rates headed up, economist warns
By ALEX PHILIPPIDIS

Interest rates will resume their climb this year after months of staying flat as the U.S. Federal Reserve struggles to maintain credibility by containing inflation -- all while labor costs start rising, an economist told an audience of builders recently.

In Brief

Houlihan Lawrence buys local agency

Houlihan Lawrence said it has acquired Allen & King Real Estate Co., an independent agency in East Fishkill. Established in 2001 by Debbie Allan and Christine King, the agency ranked in the top 10 percent of membership of the Mid-Hudson MLS in 2004 and 2005.

REIT to acquire Reckson Corp.

Westchester’s largest owner of class A office space will fade into history this week when Reckson Associates Realty Corp. is acquired by a Manhattan real estate investment trust in a $6 billion sale expected to close Thursday.