County OKs Incentives for $19M Rippowam Cisqua Construction

BEDFORD, NY - New facilities at the Upper Campus of Rippowam Cisqua School in Bedford come closer to reality thanks to financial incentives approved by the county’s Local Development Corporation.

Westchester County Executive Robert R. Astorino made the announcement Thursday that the $19 million project will create approximately 150-200 construction jobs and retain about 195 full-time and part-time jobs.

The LDC will be providing low-cost bond financing of $26.5 million, which includes the project cost and $6 million in mortgage refinancing.

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Construction of the 22,000-square-foot project is anticipated to begin in June and be completed in about 15 months.

“The incentives provided through the LDC will help Rippowam Cisqua School continue its nearly century-old tradition of providing an outstanding education for children from pre-K to ninth grade,” said Astorino.

Plans for the Upper Campus in Bedford includes a new library and media center, new art classrooms and science labs, a new dining hall and an outdoor amphitheater.

Photo caption: From left, Rippowam Cisqua attorney John Marwell of Shamberg Marwell Hollis Andreycak & Laidlaw; LDC Chairman Stephen Hunt; Deborah A. Hurrell, Assistant Head of School for Finance and Operations; Colm MacMahon, Head of School; County Executive Robert P. Astorino; LDC Board Member Mark Stanton; LDC Board Member Nicholas Long; LDC Board Member Ilyse Spertus; LDC Board Member Jerry McGrath; Deputy County Executive Kevin Plunkett, and William M. Mooney III, Esq., Director of the County Office of Economic Development. Photo credit: Courtesy.