The Northern Westchester Examiner

Legislation Passed in Albany to Pave Way for Project in Peekskill

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A $6.5 million redevelopment project at Charles Point Marina in Peekskill that is slated to include a restaurant, brewery and an entertainment complex recently received a major boost by Albany lawmakers.

On June 15, the state Senate and Assembly passed legislation that provides an exemption for Diamond Properties and Captain Lawrence Brewery to operate a restaurant/brewery at another location. Diamond Properties currently runs several eateries with retail permits in Westchester, including one in Mount Kisco, while Captain Lawrence is headquartered in Elmsford.

The two proprietors will now be exempt from regulations dating back to prohibition under the state’s Alcoholic, Beverage and Control law that restricts ownership interests between alcohol manufacturers, wholesalers and retailers.

The measure was co-sponsored in the Senate by Terrence Murphy (R/Yorktown) and Andrea Stewart-Cousins (D/Greenburgh) and sponsored in the Assembly by Sandy Galef (D/Ossining).

“Passing this legislation was an important effort to cut the century-old red tape and spur common sense economic development in Westchester,” Stewart-Cousins said. “We must continue to identify opportunities to help our local businesses be successful.”

“This legislation opens the door for an exciting economic development project in the City of Peekskill on the banks of the Hudson River,” Galef said. “Combining several buildings on the property to provide restaurants and entertainment for residents and families to enjoy is a win for all of us.”

The project is a joint effort by Diamond Properties co-owner William Diamond, Captain Lawrence Brewery founder Scott Vaccaro, Peekskill restaurant owner John Sharp and Peekskill and New York City restaurant owner Louis Lanza. The Peekskill Planning Commission has been reviewing plans for the venture for several months.

“This effort will allow us to continue to work towards our goal of building another successful and vibrant business in our community,” Vaccaro said.

Peekskill Mayor Frank Catalina thanked Murphy for his role in pushing the legislation ahead.

“When government works everyone wins, and the passage of this legislation by the Legislature will ensure the continued revitalization of our incredible waterfront,” Catalina said.


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