WPCNR THE DEVELOPER NEWS. December 15, 2007: ITT will be the prime tenant in Robert Weisz's White Plains makeover of 1133 Westchester Avenue, the former IBM cite. The Governor's Press Office has announced that Governor Eliot Spitzer would hold a news conference at 10 AM Monday at 1133 Westchester Avenue, the executive park owned by Robert Weisz's RPW Group, to provide details of the tax incentives the state is awarding ITT Corp to stay in New York.

The site, 1133 Westchester Avenue is undergoing renovations and will also be the location of an extended stay hotel approved for the site. Previously, the developer had requested and been approved a Payment In Lieu of Taxes agreement with the city to limit his property tax payments out to 2016 in order that he might make an attractive rent to secure "a major tenant." That major tenant happens to turn out to be the giant ITT. Weisz good-naturedly  had advised the Common Council that he felt he was over assessed even still after the PILOT agreement was arranged.