Schumer pushing for tax breaks to convert Yonkers power plant
Photo credit: Angela Gaul | The Glenwood Power Plant, which was built in 1904 and abandoned 40 years ago, is visible behind the Glenwood Metro-North station in Yonkers. It will be renovated into a 235,000-square-foot hotel-convention center with retail stores, a health/wellness center, restaurants and cafes. (July 20, 2012)
Standing in the graffiti-covered shell of the Glenwood Power Plant in Yonkers, Sen. Charles Schumer on Wednesday said he is pushing for $20 million in federal tax credits to convert the rundown building into an exhibition hall.
Schumer (D-N.Y.) said the $250 million public-private project to redevelop the iconic redbrick building into a state-of-the-art complex with a hotel and restaurants...
