While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
According to the FBI’s 2023 Internet Crime Complaint Center Report, there were more than 101,068 complaints filed by individuals over 60 years old resulting in more than $3.4 billion in losses in 2023.
A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.
WHITE PLAINS—Ginsburg Development Companies recently staged ceremonies marking key milestones on the development firm’s projects in Downtown White Plains and in Peekskill.
The real estate community has been anxiously awaiting the grand opening of its $43.7-million White Plains project, which marked the first major office building in Westchester County to be converted into luxury rental apartments. The event at the company’s The Abbey Inn & Spa on the other hand was delayed about a year due to the COVID-19 pandemic.
On June 17, Westchester County officials, including Westchester County Executive George Latimer and key city officials that included White Plains Mayor Tom Roach celebrated the grand opening of 1 Martine Square. The adaptive reuse project converted a former office tower into a 188-unit luxury apartment project across the street from the White Plains Metro North train station.
“1 Martine at City Square is not only Westchester’s most exciting luxury rental, it’s also a transformational development that is setting a trend for rental housing in this region. With more and more people working from home, empty office buildings may become new residential apartments,” said Martin Ginsburg, founder of Ginsburg Development Companies. “Nothing about 1 Martine is cookie cutter or ordinary. Our apartment layouts are truly unique, and our art-inspired amenities create a Soho vibe that is quite unexpected in Westchester County,” he added.
Ginsburg stressed that the conversion was a complex, but rewarding endeavor.
“We are thrilled to welcome 1 Martine at City Square to its premiere location in the heart of downtown White Plains,” said Westchester County Executive George Latimer. “This luxury living community offers dozens of desirable amenities and a vibe that is unique to Westchester County, along with the convenience of a 38-minute commute to New York City. Congratulations to Ginsburg Development Companies on the successful conversion of empty office space into an exciting new rental opportunity.”
Each apartment features wide plank luxury LVT flooring in living room and bedrooms; Soho-inspired kitchens featuring custom cabinetry, quartz countertops and stainless-steel appliances; designer bathrooms with porcelain tiles, custom vanities and large mirrors; bedroom ceiling fans; washer and dryer and extra-large walk-in closets. Many of the apartments include unique bedroom cabinetry, gallery track lighting and modern chandeliers. The one-bedroom/one bath apartments and the two-bedroom/two bath apartments range in size from 425 to 1,170 square feet. Monthly rents range from $2,250 to $5,450.
“Congratulations to Ginsburg Development Companies on the creation of this exceptional and forward-thinking living space. 1 Martine at City Square aligns with our vision for the White Plains Transit District and its unique vibe and proximity to transit is sure to make it very desirable,” said White Plains Mayor Tom Roach.
The Abbey Inn & Spa in Peekskill
One of the most unique features of 1 Martine at City Square is the City Square Central Park a private one-acre space on the roof deck of the parking garage that connects all buildings and features fountains, waterfalls, walking paths, putting greens and outdoor dining at City Square Café all on a beautifully landscaped space.
Luxury amenities at 1 Martine at City Square include elegant art-inspired lobby with 24/7 concierge service and package acceptance; Club Lounge with roof deck for hosting building events and private parties; state-of-the-art Fitness Center; ground floor art gallery with resident discounts; Cinema Screening Room; Conference Room; pet wash and indoor garage parking with available electric charging stations.
1 Martine at City Square also boasts a 20,000-square-foot art gallery on the ground floor open to the public offering original paintings and reproductions, sculptures and home decor for residents to personalize their apartments with exclusive resident discounts.
The lobby at 1 Martine at City Square features murals by Raymond Saá whose works have been exhibited nationally and internationally. Saá, who is a graduate of Parsons School of Design, works with collage, drawing and painting mediums. “I am delighted to have my work exhibited in this exciting new residence in the heart of downtown White Plains,” Saá said adding, “I commend Martin Ginsburg and ArtsWestchester for their commitment to public art.”
Last year, GDC in partnership with ArtsWestchester unveiled the work of nine artists from the greater Westchester area as part of GDC’s investment in its art collection for 50 Main Street. The unveiling was part of a Grand Opening of the first phase of GDC’s reinvention of the 50 Main St. office building which includes a new mezzanine amenity level. A key feature of the new common space is a contemporary art collection curated by ArtsWestchester that features numerous Hudson Valley artists. A newly designed and expanded lobby at 50 Main St. is nearing completion.
Plans are underway to install a monumental sculpture by an international artist under the arches of the 15-story 50 Main St. office tower. The modern sculpture will measure nearly 18 feet in height and be made of polished stainless steel.
On June 30, GDC held a ceremony for its The Abbey Inn & Spa development in Peekskill. The 42-room boutique hotel opened at the beginning of the pandemic in early 2020 and was unable to hold a public ribbon cutting reception. A host of dignitaries, including Peekskill Mayor Andre Rainey attended the event.
While Gov. Hochul vowed to provide funding to adequately finance MTA projects, at press time no firm plans have been released.
A well-known business leader, Weale was perhaps best known for co-founding Country Bank in Carmel and later serving as President and CEO of the Putnam County Economic Development Corp. for 13 years.
Existing-home sales in the Northeast in June withdrew 2.1% from May to an annual rate of 470,000, a decline of 6% from June 2023.
One requirement of the law mandating the use of written contracts for compensation will impact NYS brokers significantly.
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