For Immediate Release
Mamaroneck, NY 
18 December 2014


For Immediate Release: Westchester Approves IDA Incentives for Mamaroneck Self-Storage and Three Other Major County Projects

Left to right: Ross Weiner, Westchester IDA, Sean Murphy, Vice President, Jim Coleman, Executive Director, Westchester County IDA; Chris Murphy, President

Westchester's Industrial Development Agency (IDA) has approved financing and incentives for Mamaroneck Self-Storage and three other major county development projects. With a total of $71.5 million in private investment, the four projects will create more than 750 full time jobs. The transaction fees paid to the IDA on the projects will generate more than $122,000, which will be used to support small businesses and stimulate job creation. 

Besides Mamaroneck Self-Storage, the IDA approved projects include an environmental brown site transformed into new housing and resident parking, prime office space upgraded for high-paying professional jobs and the renovation of one of the county's most iconic tourism destinations.  "The projects supported by the IDA today demonstrate the vitality of our local economy and the strength of our job market," said County Executive Rob Astorino. "We are proud that these diverse, job-creating projects all have one thing in common: successful partnership with Westchester County."


Murphy Brothers Contracting, a family owned and operated general contracting firm in Mamaroneck, received IDA approval for a sales tax exemption on materials for the construction of a 40,000 square-foot self-storage facility at 426 Waverly Avenue in Mamaroneck. Designed by local architect Kim Martelli, the new building will incorporate green building technologies including solar shingles, heat recovery ventilators, high efficiency VRF cooling and heating system and high performance windows. The $3.5 million project, involving approximately 200 construction jobs, is scheduled to be completed by Labor Day weekend 2015.


"The sales tax exemption from the county's IDA will go a long way in helping us to grow our new business venture in an exciting direction. We will be able to purchase better lighting, upgrade the landscaping, improve the look of the customer service area and make Mamaroneck Self-Storage more attractive to our prospective customers and to those who live and work in the area," said Sean Murphy, vice-president of Murphy Brothers Contracting. "County Executive Rob Astorino's economic development team has been a great partner in this project that will provide jobs to local residents, both in the construction and management of the facility."


Murphy Brothers are also working with NYSERDA and Steven Winter Associates to incorporate energy-saving elements into the facility's construction.


About the IDA
The IDA is a public benefit corporation created in 1976 for promoting and encouraging economic development in the county primarily through assisting in the creation or retention of jobs. The IDA is also empowered to issue taxable and tax-exempt bonds for organizations meeting federal and state guidelines. There is no financial risk to the county or to county taxpayers. The obligation for repaying the debt rests solely with the organizations. Any corporation or small company looking to access the low-cost and tax-exempt project financing made available through the IDA should contact Jim Coleman, executive director of the IDA, at (914) 995-2963 or
[email protected] 


Press Contact:

Michael Murphy, Murphy Brothers Contracting, [email protected], (914) 777-5777. For more information, access


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