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“We believe that Makefield Crossing will become an even more compelling office destination following our planned improvements,” says Lou Merlini, vice president of asset management at Rubenstein.
Gov. Andrew Cuomo announced today that ON Semiconductor has committed to invest more than $720 million over 10 years at the East Fishkill facility to establish its first 300mm chip manufacturing plant.
Personal income tax receipts for the year totaled $48.1 billion, a decline of $3.4 billion, or 6.6%, from 2017-18, primarily due to a decrease in estimated payments.
But despite a feverish push from developers, accountants and law firms, investors are hesitating before jumping into Opportunity Zone funds, according to wealth advisers.
“We knew introducing a fun and contemporary residential address such as SOMA would satisfy the hunger for a modern building that's a quick walk from all that makes this Somerset County borough so attractive,” says Nick Hollenbeck of Sterling Properties.
“Steve is an industrial veteran with an impressive amount of experience in the important Philadelphia and Lehigh Valley submarket,” HFF's Rusty Tamlyn says.