DEALS
& DEEDS EXCLUSIVE
By
ALEX PHILIPPIDIS :: February 24, 2007
Rory
Dolan’s eyes Dooley Mac’s in White Plains
Rory
Dolan’s Bar and Restaurant has signed an a contract
to buy the lease for Dooley Mac’s Publick House
in downtown White Plains from its co-owners, Jim Markey,
the building’s landlord and a Dooley Mac’s
co-owner, confirmed today.
The agreement hinges on Rory Dolan’s securing a
state liquor license for the new location at 179 Mamaroneck
Ave., something the bar-restaurant applied for a week
ago, Markey said.
Markey’s partners in Dooley Mac’s, who had
been more active in the business, hooked up with Rory
Dolan after marketing their site via a broker. Markey
said he got comfortable to sell to Dolan’s group
after visiting his popular namesake bar and restaurant
in Yonkers, 890 McLean Ave., and a bar-restaurant he owns
in the Bronx:
“That
kind of helped me decide that these guys were the kind
of guys we want to have on the avenue.
“It was no time before these people were there.
When word got out, other people were there. I’m
surprised at just how desirable Mamaroneck Avenue is,”
said Markey, a longtime White Plains property owner.
Namesake owner Rory Dolan was not immediately available
this afternoon.
Dooley Mac’s opened in 1999 on the site of the failed
Westchester Brewing Co. brew-pub restaurant.
Cappelli
starting work on 189 Main, garage apartments
Louis
R. Cappelli says he’s a month away from starting
work on two mini-projects in downtown White Plains tied
to his having to provide 42 affordable housing units as
a condition of winning approvals for his Renaissance Square
complex now under construction as well as his City Center
complex.
With no objections raised by Common Council members at
a special meeting last night, Cappelli said he will begin
converting 16,000 square feet of commercial space atop
the City Center garage to 23 apartments. The Valhalla
developer also said he will raze 189 Main St. and build
there a small building that could contain either apartments
or office space.
What type of apartments get built in both locations –
plus a third site he also discussed – hinge upon
what happens just east of City Center, at the adjacent
Main Street site where Martin Ginsburg and builder A.J.
Rotunde’s Ridgemour-Meyer L.L.C. have approvals
to build the $200 million Pinnacle condo-affordable-retail
complex.
Ginsburg has struggled in recent months assembling $11
million in financing for Pinnacle’s affordable housing
component. That matters to Cappelli because the affordable
component is set to house the 42 affordable units he owes
the city, plus nine owed by Ginsburg.
Pinnacle has also been set back by the discovery of the
dry-cleaning solvent perc on the property, leading to
talks between Ginsburg and the state Department of Environmental
Conservation. The project’s approvals expire in
April.
Last night Cappelli expressed no confidence Ginsburg will
build Pinnacle – even though Ginsburg till now has
maintained he can still construct the project, most recently
in a report you can read in Monday’s new edition
of the Business Journal.
“My personal opinion is that Pinnacle is not going
to happen,” Cappelli said.
Cappelli’s suspicion was reinforced at the meeting,
when Mayor Joseph M. Delfino said Westchester officials
would not approve the $2 million grant Ginsburg sought
from the county for Pinnacle.
But in an interview this morning, Deputy County Executive
Larry Schwartz insisted Westchester was still willing
to subsidize Pinnacle but never got updated information
from the developers, including updated financial data
and projections.
Cappelli told the council his garage-top apartments would
be market-rate rentals if Pinnacle gets built as planned.
He said he wanted to start work on them quickly because
he’s required to produce 22 affordable units by
May 2008.
If Pinnacle doesn’t happen, Cappelli added, he would
lease those apartments at below-market rents.
That would still leave 19 affordable units Cappelli has
to build. He said he has two options:
Include
all or part of the 19 within 240 Main St., a low-rise
building of up to .. units Cappelli would construct at
the corner of Main Street and City Center Place (formerly
part of E.J. Conroy Drive). Cappelli won approvals for
240 Main in 2005 but held off on construction after Ginsburg
agreed to build 51 affordable units for both developers
within Pinnacle.
Scatter
the affordable units between 240 Main and 189 Main St.,
an even smaller building where he said he envisions between
12 to 15 units.
Cappelli said 189 could also emerge as a small-office
building if tenant interest remains strong.
White
Plains notes: HANAC/Bluestone update, Post/Lex TIF?
HANAC/Bluestone:
Paul Wood, executive officer to Mayor Joseph M. Delfino,
explained why White Plains has questioned the plan for
an intergenerational center within the $55 million older-adult
apartment building planned at 143 Grand St. by nonprofit
group HANAC Inc., The Bluestone Organization, both of
New York City, and Enterprise Social Investment Corp.
of Columbia, Md.
Wood said the center – which would provide day care
for children as well as older-adult residents, with the
goal of promoting intergenerational relations –
makes no sense given its location a block south of the
county-run overnight homeless shelter in place under the
county Social Services Building at 85 Court St.
“They’re going to have a day care center that
close to a homeless shelter? Who’s going to use
it?” Wood asked.
County Board of Legislators Chairman William J. Ryan dismisses
the city’s argument by saying the shelter will move
by the time ground is broken for the older-adult building.
He also said the day care center would not be affected
by the shelter because the shelter only operates at night.
“Their rationale is ridiculous,” Ryan said.
Westchester officials promised nearly three weeks ago
that the shelter would leave soon, when announcing a replacement
facility next to the county police headquarters in Hawthorne.
But officials were forced to drop that plan just two days
later, when it emerged that the shelter violated an agreement
between Greenburgh and the county not to locate a second
residence for homeless people within 2 miles of the WestHELP
transitional housing campus for homeless families with
young children.
Ryan disclosed the intergenerational shelter dispute in
Monday’s new edition of the Business Journal –
check the Fly on the Wall page. That article mentioned
Delfino’s 2003 proposal to have a Ryan re-election
opponent build senior housing on site.
“There would have been beautiful, affordable housing
for seniors the past three years if the mayor had been
allowed to develop the site,” Wood said.
Post/Lexington redevelopment: Wood said
White Plans was on track to release a land-use guideline
for the Post Road and South Lexington Avenue corridors
this summer. That plan will be crafted once officials
finish soliciting comment from property owners and residents
– a process begun earlier this month at a public
hearing.
The guidelines will be dubbed “Phase 4” of
the city’s redevelopment effort. (Phase 1 was the
original Urban Renewal redevelopment of the 1960s-1980s,
2 was the large-lot guideline that brought the tall towers
of City Center and Renaissance Square downtown, 3 called
for quality of life improvements such as a downtown trolley.)
TIF possible: Wood said city officials
would review whether to encourage developers to pursue
tax-increment financing to fund public works improvements
in the Post/Lex corridor. Yonkers officials are considering
approving the state’s first-ever TIF in the downtown
and waterfront areas targeted for redevelopment by SFC
Yonkers L.L.C., whose partners include Louis R. Cappelli.
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