SLEEPY HOLLOW—The days of significant condominium development in Westchester County are long gone. However, one new luxury condo project is experiencing strong sales activity in the early days of marketing—The Daymark—being developed at the site that was once home to a General Motors assembly plant property here.
In a little more than two months since sales launched for The Daymark along the banks of the Hudson River, more than 25% of the residential property’s 100 new-construction condominium residences are under contract, according to the master development team of Biddle Real Estate Ventures and PCD Development. Prices for The Daymark’s one-, two- and three-bedroom condominium residences start in the late $900,000s. Initial occupancy is slated for spring 2025.
The notable sales milestone reflects The Daymark’s broad appeal to discerning homebuyers who are responding to the property’s unique blend of a waterfront setting, unrivaled amenities, and a location that seamlessly marries historic village charm with a vibrant, walkable community — all while offering convenient proximity to New York City just 25 miles south by train or car.
The Marketing Directors, the exclusive marketing and sales agent for The Daymark, said New York City residents are choosing The Daymark over traditional single-family homes elsewhere and are drawn to its neighborhood lifestyle evolving within the larger Edge-on-Hudson community and surrounding Village of Sleepy Hollow.
For those hailing from throughout Westchester County and seeking a transition from large single-family homes, The Daymark offers the perfect retreat—a spacious condominium home complemented by extraordinary amenities, services and neighborhood conveniences. These buyers all share a recognition of the intrinsic value and timeless appeal of embracing life along the water, they noted.
Karen Stroub, Broker/Owner of Corcoran Legends Realty, LLC, which has five offices in Westchester County and has facilitated multiple sales at The Daymark, emphasized the property’s distinctive position as a rare offering in the marketplace.
“It’s difficult to find new-construction waterfront properties in today’s market, and everyone wants to be on the water,” said Stroub. “Years ago, most people preferred private one-acre-plus lots, but the wish list has shifted to the water and to be in a convenient, walkable location surrounded by dining, retail, and transportation. The Daymark offers that, along with modern amenities and a sophisticated elegance that our clients are looking for.”
Stroub added she is not surprised by the velocity of sales during The Daymark’s construction period.
“Our clients are savvy buyers and recognize the value in pre-construction pricing and the limited availability of waterfront product,” she said. “They’re not entirely tied to interest rates. They’re taking advantage of the ability to select their home early.”
The Daymark is the first building to be located directly along the water within the sought-after Edge-on-Hudson mixed-use community. The Daymark will also introduce Edge-on-Hudson’s first waterfront restaurant.
Peter Chavkin, Managing Member of Biddle Real Estate Ventures, commented, “We’re delighted to see The Daymark resonating with buyers and the brokerage community who appreciate its distinctive lifestyle appeal. The strong pace of sales underscores the enduring allure of waterfront living and our continuous efforts to seamlessly blend sophisticated residential design, shops and dining with the surrounding landscape, crafting a Manhattan-style living experience infused with the serene charm of a suburban retreat.”
Jonathan Stein, Founder and Managing Director of PCD Development, added, “It’s exciting to see our vision come to life as construction progresses. The proximity of the property to the waterfront park and the stunning Hudson River views are truly unparalleled for a condominium community in Westchester County.”
Currently rising at 4 Lighthouse Landing, with construction led by Houston-based Hines serving as development manager for the project, The Daymark features a collection of one-, two- and three-bedroom homes, as well as townhome-style residences with private entrances and stoops. Multiple balconies, terraces, patio access and gracious loggias promote indoor/outdoor living and provide views of the Hudson River, the Sleepy Hollow Lighthouse and the Mario M. Cuomo Bridge.
The Daymark’s offering of outdoor space is highlighted by two waterfront courtyards designed by Future Green Studio that include a pool and sundeck, hot tub, fire pit, pergola, lounge seating areas, barbecue grills, and al fresco dining spaces. There is also a landscaped rooftop terrace with further outdoor dining options.
The Daymark is the latest addition to Edge-on-Hudson, located just 25 miles north of Manhattan, within walking distance between two Metro-North train stations (Tarrytown and Philipse Manor), providing express access to Grand Central in just 38 minutes. Edge-on-Hudson is set to include 1,177 townhomes, condos and apartments; a 140-room boutique hotel; 135,000 square feet of retail space and 35,000 square feet of office space, in addition to more than 16 acres of new parkland. Construction is also underway on a 30,000-square-foot DeCicco & Son’s market.