2021 18th Edition: February 1st - February 5th
On Eagle's Wings
In these troubling times as we try to avoid a virus that is unpredictable it’s been difficult to find normalcy in our personal and professional lives. 

On January 20th, Orange County residents and particularly family and friends in Warwick, NY were shocked to learn that Warwick native Chief Warrant Officer 2 Daniel Prial, 30, lost his life with 2 other National Guardsmen in a tragic helicopter crash near Mendon, NY. 

Dan’s short life was all about public service. As his father Greg, a Lieutenant with the New York City Fire Department, told the Times Herald Record, the terrorist attacks on 9-11 lit a fire in his son. That passion ultimately led to him being accepted into West Point Military Academy, where he graduated from in 2012. He had a dream to fly and fulfilled that dream as a Black Hawk helicopter pilot for the U.S. Army where he was deployed to Afghanistan during 2014 and 2015 before joining the New York National Guard in 2020.

I was blessed to know Danny from as far back as his “car-seat years.” One thing is certain - he lived life to the fullest, from his passion for flying, to his patriotism for our great country, to rooting for the Mets and Jets, and to his steadfast devotion to family and friends.

In Dan’s memory, and for all those who passed before us, this is the perfect time to take inventory of our lives and ask the question: Are we doing the very best that we can for our country, and our community?
We must continue to remind ourselves that life is finite. We only have so much time to make our contributions to this world before we pass the baton to the next generation. What we leave behind becomes our legacy.

In closing, as I reflect on my feelings for Dan, I turn to a Catholic hymn and hope that his next flight is “On Eagle’s Wings.”

My very best,
Maureen Halahan

President & CEO
Resorts World Catskills casino opened its doors for the first time to customers on Feb. 8, 2018.
Governor Considering Pushing Up Timeline on Downstate Casinos
While details are still sketchy at press time, the massive state deficit that has been estimated between $8 billion to $15 billion, may be the cause for the state to begin the process of awarding up to three casino gaming licenses in Downstate New York.

Study: Orange, Rockland, Dutchess Housing Markets Among Most Vulnerable to COVID-19 Economic Impacts
IRVINE, CA—A recently released study has found that pockets of the Northeast, including three counties in the Hudson Valley region, were most at risk to the impacts of the coronavirus heading into 2021.

The report released on Jan. 21 by property database curator ATTOM Data Solutions found that 18 of the 50 U.S. counties most at-risk in the fourth quarter of 2020 were in metropolitan statistical areas around New York City, Philadelphia and Chicago.

Report: Investment Surge Expected in 2021
A report released earlier this month by diversified professional services and investment management firm Colliers International Group Inc. paints a picture of a robust recovery for the global investment market this year. The survey reveals investors are largely optimistic about a market rebound and are planning to expand their portfolios in 2021.

Pandemic Has Devastated Hotel and Travel Sectors in U.S.
The American Hotel & Lodging Association has issued a rather sobering report on the state of the hotel industry in 2021 and the outlook for the hotel and travel sector in the coming years.

The report, released by the Washington, DC-based organization on Jan. 21, states that business travel is not expected to return to normal levels until 2024 and despite an increase in hires this year, the industry’s unemployment rate for this year will be nearly 19%.

Exploring the Changing Workforce Ecosystem
Global real estate services firm Cushman & Wakefield recently released a report that examined what industry leaders expect their future workplaces to look like in a post-pandemic environment following the anticipated successful distribution of the COVID-19 vaccination later this year.

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