MONTICELLO, NY-A third major player in the high-stakes game to bring casino gaming to Sullivan County has emerged. The ownership of Monticello Raceway has reached agreements with the Cayuga Nation to develop a $500-million casino adjacent to the existing harness track here.

NEWBURGH, NY-New York State officials believe that revisions to the boundaries of the Newburgh-Stewart Empire Zone will reap $55.6 million in new investment, including a 1.2-million-sf distribution center to be built by Wal-Mart in Wallkill.

MOUNT PLEASANT, NY-In another major coup for Westchester County, New York Life Insurance Co. has closed on the acquisition of the 383,000-sf Mount Pleasant Executive Center here. The insurer plans to employ 1,000 people at the former IBM facility.

WHITE PLAINS, NY-Treeline Cos., which has reported it had closed on four lease deals totaling approximately 40,000 sf in Westchester County, is looking to expand its portfolio in the New York metro area.

GREENWICH, CT-Insignia/ESG officials predict Westchester County's office market will continue to outperform surrounding areas of metro New York and could land additional relocation deals from New York City this year. Their expectations for Fairfield County in 2003 are much more guarded, however.

ELMSFORD, NY-Officials with Mack-Cali Realty report that the Cranford, NJ-based REIT completed 263,665 sf of lease deals at its New York-Connecticut properties in the fourth quarter of 2002, a marked increase from a year earlier.

STAMFORD, CT-Beauty-care product manufacturer Andrew Jergens will relocate its hair-care products subsidiary from Wilton to nearly 15,000 sf at Stamford Harbor Park, according to CB Richard Ellis, which was a broker in the deal.

WHITE PLAINS, NY-EastRidge Properties reports it has signed seven lease deals totaling more than 50,000 sf during the first quarter of this year at its portfolio of office buildings here and in Harrison.