Westchester County
Westchester IDA Grants Final Approval of $5.7 Million in Incentives for $94M Affordable Project in Ossining
Located at 30 Water St. on the former site of the Village Department of Public Works property, the project will consist of two new buildings with 109 units of rental apartments.
$650-Million AVE Hamilton Green Holds Topping Off Ceremony in Downtown White Plains
In total, the project will entail four mixed-income, multifamily buildings totaling 860 rental units, including 78 on-site affordable units, along with accessible open space.
Westchester LDC Grants Preliminary Approval of $35 Million in Tax-Exempt Bond Financing for Sarah Lawerence College
According to a cost benefit analysis prepared for the LDC, the renovations project would generate a one-time sales tax revenue of $45,973 and $5.2 million in sales tax revenue over a 30-year period.
Westchester Medical Center Begins Work on $220M Expansion
The Critical Care Tower at Westchester Medical Center will house several notable services, including advanced cardiac, neuroscience, oncology, and surgical specialty care.
Hines and Peakhill Partners Form JV to Develop Multifamily Project Near Port Chester Train Station
Station Lofts will consist of a five-story, 180-unit Class A multifamily residential development, ranging from studios to two-bedroom homes.
$48-Million Yonkers Affordable Project Opens
Located at 23 Mulberry St. in the Hollow neighborhood of South Yonkers, the $48 million, four-story building has 60 energy-efficient, affordable apartments for seniors.
Westchester Rent Guidelines Board Approves 2.5% Rent Hike
The diminishing property values have restricted property owners' access to loans for essential upkeep, renovations, and maintenance, leading to a rapid deterioration of rent-stabilized buildings in the coming years.
Yonkers IDA Votes Preliminary Approval of Three Projects Valued at Almost $464 Million
Developer AMS Acquisitions received preliminary approval of financial incentives totaling approximately $11.6 million in sales and mortgage tax exemptions for a multi-phase $306.7-million, mixed-use development.
New York State Maps Out 21 DRI, NY Forward Projects in Four Hudson Valley Communities
The City of Port Jervis was named the Mid-Hudson region winner of the sixth round of the Downtown Revitalization Initiative in 2023.
Westchester Joint Water Works Proposed Deal Could Allow Filtration Plant Project Bids to Go Out in Late 2024
The consent decree, which still must secure court approval, will require WJWW to pay $1.25 million in civil penalties to the U.S. EPA ($600,000) and to New York State ($650,000).
Cross County Shopping Center Celebrates 70th Anniversary
Cross County was originally developed by Sol Atlas. The more than 70-acre property began operations with approximately 30 stores and the Cross County Hospital, which closed in the 1980s and was later redeveloped as a hotel.
HGAR Leads Opposition to Implementing City of Mount Vernon Law to Increase Real Estate Transfer Taxes
With the median sales price for a single-family home in the City of Mount Vernon at $627,550 as of April, a 1.5% transfer tax translates to $9,413.25.
