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Hudson Valley iCampus Adds Leases, Renews Existing Tenants
Hudson Valley iCampus, New York’s science hub on the former Pfizer Campus in Pearl River, has signed three new leases and inked two expansion agreements in the first quarter of 2024, totaling 35,124 square feet with a value of over $4 million.
“Many of the deals were for laboratory uses,” said Jamie Schwartz, president of Hudson Valley iCampus. “Although the headlines report life sciences and biotech investments slowing due to high interest rates and other factors, we continue to experience brisk leasing activity from both large and small companies.”
RK Pharma Inc., an American multinational pharmaceutical and biotechnology corporation that focuses on the development, manufacturing and sale of high quality and affordable generic pharmaceutical products worldwide, leased an additional 22,584 square feet of stability chamber space in Building 100. RK Pharma also leases 82,975 square feet of laboratory, manufacturing, and office space in Buildings 215 and 215A.
Allied Health Management Service Organization LLC, a healthcare company that is advancing proton therapy, leased 5,677 square feet of laboratory space in Building 205. Michael Baraldi of Cushman Wakefield represented the tenant. Robert Lella of Colliers International represented Hudson Valley iCampus.
Cosmetic, fragrance and skincare company Avon Products Inc. leased 4,719 square feet of laboratory and office space in Building 205.
Armistead Mechanical Inc., one of the largest employers of plumbers and pipefitters in New Jersey and the New York Hudson Valley region, leased 1,468 square feet for shop space in Building 205.
Olaplex Inc., one of the largest independent hair care brands in the world with over 100 worldwide patents, expanded its footprint by 676 square feet in Building 205 to 11,612 square feet of laboratory and office space.
Veolia Reaches New Milestone In Treatment of PFAS In Drinking Water
The Biden administration on Wednesday finalized strict limits on certain so-called “forever chemicals” in drinking water that will require utilities to reduce them to the lowest level they can be reliably measured. Officials say this will reduce exposure for 100 million people and help prevent thousands of illnesses, including cancers.
The rule is the first national drinking water limit on toxic PFAS, or perfluoroalkyl and polyfluoroalkyl substances, which are widespread and long lasting in the environment.
Veolia began working closely with local authorities in 2019 to launch a robust PFAS management plan for drinking water wells, before New York State or the EPA enacted standards on PFAS in drinking water. PFAS treatment is already operating on the water supplies for 50,000 people, approximately 10% of the entire population of 500,000 people Veolia serves in New York.
“Veolia supports the EPA’s new PFAS drinking water regulations and has been moving aggressively to meet the challenge of protecting public health and the environment by treating regulated PFAS compounds in drinking water,” said Bill Madden, Veolia’s director of New York communications and government affairs.
Veolia recently completed installing new treatment systems at 17 sites that exceeded one or more state PFAS limits in 2020, and regulated PFAS are no longer detected in the water they produce. Veolia is continuing to design, construct and install PFAS treatment systems at drinking water wells in New York, including two wells which reported exceeding state PFAS limits for the first time earlier this year.
Treatment systems for another 100,000 people in New York are now in permitting and pre-construction. Veolia continues to plan and install new PFAS treatment systems in New York as required by evolving regulations and updated water quality measurements, using lessons from the earlier installations to speed the process of adding more.
Veolia, the largest private operator of water services in the United States, has reached a new milestone in its treatment of per- and polyfluoroalkyl substances (PFAS) chemicals in America’s drinking water, with more than 30 sites now reporting no detectable levels of regulated PFAS chemicals. The advanced effort includes new treatment installed at 17 drinking water wells in the state of New York, with construction underway on additional projects in four states as Veolia continues to address PFAS contamination in drinking water supplies across the country.
To date, Veolia has treated more than 2.1 billion gallons of drinking water in the country using more than 1 million pounds of granular activated carbon and other materials that separate regulated PFAS and other contaminants from water, reducing their levels below the regulatory thresholds.
“The fight against PFAS pollution is a concrete example of Veolia delivering innovative ecological solutions to the challenge of depollution. In the United States, where regulations have evolved more rapidly than in Europe, we have more than 50 additional projects at various stages to meet the new standards. With our worldwide expertise in cutting-edge water treatment technologies, the United States represents a land of solutions from which all our geographies could benefit,” said Estelle Brachlianoff, Veolia CEO. “It is crucial to tackle the challenge of PFAS in drinking water without delay, and this requires strong regulatory support. Addressing this issue demands coordinated efforts across sectors and across the entire PFAS value chain to ensure compliant drinking water in the relevant areas. Veolia is proud to be leading the way in mobilizing its expertise to advance the treatment of PFAS, thereby helping to improve public health.”
Matthew Worgul Joins QuestStar Mortgage as Senior Mortgage Loan Officer
QuestStar Mortgage has named Matthew Worgul Senior Mortgage Loan Officer.
With a wealth of experience and a dedication to community service, Worgul is set to enhance QuestStar’s commitment to excellence in mortgage lending, said the company press release.
Worgul joins QuestStar Mortgage with a diverse background: he’s a Certified Public Accountant (CPA) and an entrepreneur. Worgul owns Gentle Giant Brewery in Pearl River, where he has fostered a thriving business and cultivated strong ties within the community.
“We are thrilled to welcome Matthew Worgul to the QuestStar Mortgage team,” said Kevin Joyce, President at QuestStar Mortgage. “His unique blend of financial expertise, entrepreneurial spirit, and passion for community service align perfectly with our values and mission. Matthew’s addition strengthens our ability to provide exceptional service and support to our clients.”
As Senior Mortgage Loan Officer, Worgul will leverage his extensive financial acumen and commitment to excellence to assist clients in navigating the mortgage process with confidence and ease,” Joyce added.
“I am excited to join QuestStar Mortgage and contribute to its ongoing success,” said Worgul. “My experience as a CPA and entrepreneur has equipped me with the skills and perspective to provide clients with the guidance and support they need to achieve their homeownership goals. I look forward to serving the community in this new capacity.”
