More Than 80% of Metro Areas Posted Home Price Increases in First Quarter of 2025
In the first quarter, the Northeast performed best in both sales and price gains by percentage.
The project, which will cost an estimated $750 million, will be financed through a combination of a $500-million Dormitory Authority of the State of New York bond, philanthropy and equity from operating expenses.
Encore was developed by Cappelli Development and built by its affiliate, LRC Construction.
The purchaser, Larry Regan of Regan Development Corporation, will be developing the site with a three-story building consisting of 12 units of affordable housing with covered parking.
Built in 1998, Halstead Tarrytown consists of 11 two-story buildings offering a mix of one- and two-bedroom apartments.
The $96-million project, led by WBP Development LLC, will consist of an eight-story residential building with 108 units and a four-level detached parking garage.
Willow at the Ridgeway, which is located at 23 Bishop W.J. Walls Place, is replacing two vacant public housing buildings.
Since 2019, the developments are projected to create over 7,500 new residential units and more than 8,800 construction jobs.
Apicella noted that the Trump administration seems intent on eliminating or severely cutting back on federal green energy funding, which he said is critical to many new development projects.
The project included a rehabilitation of the interior of the original YMCA facility, transforming it into modern apartments.
NYPA will construct the first major commercial office building in Westchester County in nearly a half-century.
According to the unofficial election results from the Westchester County Board of Elections, Jenkins garnered 64% (57,590 votes) to Sculti’s 36% (32,956 votes) with 100% of the votes counted.
The public-private partnership between the City of New Rochelle, State of New York and New York-based development firm Twining Properties will reimagine a former industrial brownfield site along the Long Island Sound.
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