Former Berkeley College White Plains Campus Sold to Wilder-Balter Partners

WHITE PLAINS—Commercial brokerage firm RM Friedland reports that it brokered the sale of the former Berkeley College campus in Downtown White Plains to Wilder-Balter Partners of Chappaqua.

No financial terms of the transaction were disclosed for the two properties at 99 Church St. and 6 Cottage Place. Originally part of Berkeley College’s Downtown White Plains campus, these properties were placed on the market after the college consolidated its operations to New York City and New Jersey in 2021.

The properties consist of a 110,000-square-foot, four‐story office building at 99 Church St. and a 55-unit, six‐story dormitory at 6 Cottage Place—and nearly one acre of land.

Initially envisioned as a mixed-use project incorporating both rental and for-sale units, the redevelopment strategy was later refined to convert the entire property into for-sale condominiums by Wilder Balter Partners.

Under the final plan, both properties, 99 Church St. and 6 Cottage Place, will undergo a gut renovation and be transformed into 68 condo units, and 40 condo units respectively, of varying styles and sizes.

Enhancements to the project also include expanded parking facilities and façade improvements. The improvements are “designed to bolster financial feasibility and meet the community’s housing needs in an adaptive re-use of well-located properties“ noted John Barrett, RM Friedland’s Co-Managing Director of Investment Sales who, along with colleagues Chris O’Callaghan and Carmen Bauman, represented the seller.

The City of White Plains has contributed approximately $4.7 million in grant funding, and Westchester County has allocated $10 million through the newly signed Land Acquisition Act to support WBP Development LLC’s efforts to transform a historic campus into an affordable homeownership opportunity for first-time buyers.

“The variance in converting 99 Church St. to affordable housing is exactly what is needed to address a market need,” noted Chris O’Callaghan, Managing Director of RM Friedland, “Berkley College continues their legacy of being a great corporate citizen of the community and Balter Development’s transformation will tie the knot on a fantastic development for the City of White Plains”

Barrett, O’Callaghan and Bauman of RMF exclusively represented the seller, Berkeley College, and identified the buyer, Wilder Balter-Partners. The buyer's attorney was Kenneth Jurist, Esq from Cuddy & Feder, LLP. The seller's attorney was Ann Carlson from DelBello Donnellan Weingarten Wise & Wiederkehr, LLP.