The $10-million award will focus on downtown revitalization initiatives in Downtown Poughkeepsie.
The envisioned building is a more than 200,000-gross-square-foot facility that will bring together a range of STEM disciplines.
For the first time since 2016, new construction activity outpaced household formations. Yet, the nation still faces a supply shortfall of 3.8 million homes.
WHITE PLAINS—Simone Development Companies reported on Feb. 3 it had completed two new lease deals totaling more than 17,000 square feet at the firm’s 55 Lafayette Avenue in White Plains.
Westchester County Government has leased nearly 10,000 square feet and Sila Services, LLC, an HVAC and plumbing service company, leased 7,250 square feet at the property.
Josh Gopan, AVP of leasing for Simone Development, represented ownership in the lease negotiations, while Sila Services was represented by New York Commercial Realty Group, LLC. The Westchester Government lease was negotiated directly with the tenant
The $10-million award will focus on downtown revitalization initiatives in Downtown Poughkeepsie.
The envisioned building is a more than 200,000-gross-square-foot facility that will bring together a range of STEM disciplines.
For the first time since 2016, new construction activity outpaced household formations. Yet, the nation still faces a supply shortfall of 3.8 million homes.
The project included a rehabilitation of the interior of the original YMCA facility, transforming it into modern apartments.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
