Tallman PoolJoint Efforts of Local Development Firm Procida Funding, Palisades Park Commission, and NYS Assemblymember Ellen Jaffee and Orangetown Supervisor Andy Stewart Result in Reopening of Tallman Beach & Pool Club in May 2016

Palisades, NY (January 26, 2016) - The much-loved Tallman Pool, which has been shuttered due to state budget cuts since 2008, has gotten a new lease on life. Piermont resident Billy Procida, principal of Procida Funding & Advisors, was just awarded a 20-year lease to re-open the historic site. Re-envisioned as the Tallman Beach & Pool Club, the site's renewal will culminate in a reopening this coming Memorial Day weekend.

Procida Funding has also enlisted the support of Palisades Park Commissioner Jim Hall, as well as New York State Assemblymember, Ellen Jaffee, and Orangetown Supervisor, Andy Stewart. An attractive 20 percent off rate to the first 300 people who sign up for membership, offered by Procida Funding & Advisors, is sure to draw additional interest in the project. The offer is valid through March 15, 2016.

"I'm excited that our joint efforts to re-open Tallman Pool, the only publicly owned pool in Orangetown, were successful. Thank you Supervisor Stewart and Palisades Park Commissioner Jim Hall for your support," said New York State Assemblymember Ellen Jaffee. "After so many years, I look forward to Memorial Day when the pool opens. Our families, children and older adults will indeed enjoy the opportunity to cool off, socialize with neighbors, and exercise in such a beautiful natural setting. A special thank you to Billy Procida for his determination and financial commitment."

"The reopening of the Tallman Pool would not have been possible without the efforts of Assemblymember Jaffee, Orangetown Supervisor Stewart and Palisades Park Commissioner, Jim Hall," said Billy Procida. "Tallman Pool is a special place, and we are putting every effort into bringing it back to its original grandeur."

The Tallman Beach and Pool Club will include a beach with river views, fully restored adult and kiddie pools, as well as food and beverage services. Membership to the club includes a NYS Empire Park Pass, which provides free access to all NYS Parks as well as other discounts on programming and other privileges. Visit Tallman's Facebook page, Tallman Beach and Pool Club, as well as its web site www.tallmanpoolclub.com for more information.

Procida Funding & Advisors, LLC

Procida Funding, LLC through its 100 Mile Fund provides bridge, mezzanine, construction and equity capital to the real estate industry and middle market companies. Since 1995, the Firm has completed over $3 billion dollars of transactions ranging from $500,000 to $50,000,000. The Firm utilizes the funds capital as well as strategic capital partners. Procida Advisors provides due diligence and asset management services to financial institutions and private equity funds with a concentration on construction, development, bankruptcy, restructuring and marketing.

The firm's founder William Procida has been a prominent leader in the Tristate-area real estate market for over 30 years, building over $1 billion dollars in projects and financing more than $3 billion. In addition to being a media commentator, with frequent appearances on CNBC and Fox Business, he has received the New York City "Developer of the Year Award" and National Association of Home Builders "Pillar of the Industry Award."

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