The Rockland Industrial Development Agency has collected $145,000 in tax incentives and related fees from a California mortgage company that opened an office in Orangeburg, which it later closed, the IDA’s top officer said.

WMC Mortgage Inc. of Burbank refunded $97,000 in sales tax breaks to the IDA, plus 18 percent interest and attorneys’ fees, said [...]

Volatility in the financial markets will spill over into the government’s own budget plans this year, New York state Comptroller Thomas DiNapoli said yesterday at a breakfast sponsored by The Business Council of Westchester.

Twenty percent of state revenues come from Wall Street, he told the audience at Abigail Kirsch at Tappan Hill in Tarrytown. But [...]

Strata Health Club, a 7,400-square-foot facility, has opened at 4 Gannett Drive in Harrison. The club offers corporate, team and school fitness programs, and self-defense classes.

Shawn Miles, head of the global public policy and regulatory strategy group of MasterCard Worldwide in Purchase, has joined the board of directors of The Business Council of Westchester. Miles has been with MasterCard for more than 20 years. He also serves on the Hudson Valley Board of Directors for Junior Achievement and leads JA [...]

Mark Stenberg, the newest member of the board of directors of Nutrition 21 Inc. of Purchase, has a three-year employment agreement as senior vice president and holds a 5 percent secured note on the company for $1.25 million, Nutrition 21 said in a filing with the Securities and Exchange Commission.
Stenberg was chief executive officer and [...]

Property assessment challenges that are filed with the Westchester County Supreme Court now can be commenced electronically through the Unified Court System’s e-filing program, the County Clerk’s office said yesterday.
Documents can be filed online any time, anywhere. Court fees can be paid by credit card online. No additional fees are charged in connection with e-filed [...]

Presidential Realty Corp. of White Plains said it dropped Deloitte & Touche LLP as its accounting firm on April 2 and hired Holtz Rubenstein Reminick LLC for financial and other considerations.
Deloitte & Touche had no adverse opinions on the company’s finances over the last two years. It did have one observation on the fiscal 2007, [...]

The senior vice president of manufacturing operations at Regeneron Pharmaceuticals Inc. of Eastview is on unpaid leave of absence and will retire on Oct. 1, the company said in a filing with the Securities and Exchange Commission.
Dr. Randall Rupp had been with the company for 16 years. During his unpaid leave, he will be eligible [...]

Acorda Therapeutics Inc. of Hawthorne said a Danish drug company will manufacture a key molecule in a substance that Acorda is using in toxicology studies and early phase clinical trials.
Acorda said the company, CMC ICOS Biologics of Copenhagen, will produce the molecule, GGF2, for Acorda’s neuregulin program. Terms of the deal were not announced. Neuregulins [...]

EpiCept Corp. of Eastview said yesterday that its listing on the Nasdaq market is endangered. The drug researcher said it is out of compliance with Nasdaq rules that require a market cap of $35 million for 10 consecutive trading days. EpiCept said it is working to regain compliance by a May 5 deadline.

Shareholders at the annual meeting of Morgan Stanley in Purchase yesterday rejected a proposal that called for a non-binding ratification vote by stockholders on executive pay.

About 63.2 percent of the shares represented and voting at the meeting voted against the proposal, or abstained, Morgan Stanley said. It was the second year in a row that [...]

Starwood Hotels & Resorts Worldwide Inc. of White Plains said its Sheraton hotel chain is planning a major rollout this year, with North American investment alone valued at $2 billion.

The company said 54 Sheraton hotels and 20,000 new rooms will be added by year’s end. The hotels will be chiefly in the United States, but [...]

OpHedge Investment Services LLC of Rye Brook said it has launched a Singapore subsidiary and opened a New York City office. OpHedge, which processes complex financial products, said the New York City office will focus on fund accounting. The Singapore operation builds upon the company’s Shanghai subsidiary, which opened in the summer of 2006.

Nutrition 21 Inc. of Purchase said today that Mark H. Stenberg was elected to the bioscience company’s board of directors. Stenberg was founder and chief executive officer of Iceland Health, a marketer of fish oil and omega-3 supplements. Nutrition 21 bought the company in August 2006.

Croton Animal Hospital in Croton-on-Hudson said its accreditation by the American Animal Hospital Association has been renewed. Fifteen percent of small animal veterinary practices in the United States have the accreditation, the hospital said.

Oscilloscope manufacturer LeCroy Corp. of Chestnut Ridge said yesterday that Chairman Charles A. Dickinson will retire at the end of his current term this October. Dickinson, 84, has been chairman since February 1999.

A retired marketing executive at Atlas Air Worldwide Holdings Inc. of Purchase has been retained as a special adviser to the company at a minimum annual rate of $240,000, the company said today.

The new deal also provides Ronald A. Lane a lump-sum severance payment of $426,000 that was due him under his previous employment contract, [...]

Acadia Realty Trust of White Plains has added 11 Storage Post self-storage properties to its portfolio for a price of $170 million, the company announced.

The company bought the properties from a business controlled by Northwestern Mutual Life Insurance, said Joel Braun, Acadia’s chief investment officer. The group includes a Storage Post in New Rochelle, as [...]

The Fairview Corporate Park in Elmsford and the Midland Business Park in Port Chester are part of a portfolio of properties that a division of The Baker Companies in Pleasantville has sold for $209 million, CB Richard Ellis said.

Baker Properties sold the portfolio of 25 buildings totaling 2 million square feet to Lighthouse Real Estate [...]

The Rockland Industrial Development Agency has collected $145,000 in tax incentives and related fees from a California mortgage company that opened an office in Orangeburg which it later shut down, the IDA’s top officer said.

WMC Mortgage Inc. of Burbank refunded $97,000 in sales tax breaks to the IDA, plus 18 percent interest and attorneys’ fees, [...]