Westchester County

Westchester CRE Market Ended First Quarter with Mostly Increased Activity
Boasting a vacancy rate in the low 4% and uninterrupted positive trends in rental rates, fundamentals for Westchester multifamily are strong.

Yonkers IDA Grants Preliminary Approval of Incentives for Two Projects Valued at Nearly $175 Million
Located at 632-636 South Broadway, The Parker will feature 160 new units of all affordable housing in an elevator building, with on-site parking. The apartments will be priced for families with incomes at or below 80% of the area median income.

More Than 500 Prospective Homebuyers Attend Fair and Affordable Housing Expo
“Without a doubt, this (expo) is needed now more than ever,” Zarfes said.

Westchester Launches $100-Million Fund to Help Finance ‘Shovel-Ready’ Affordable Housing Projects
Established last year, the Housing Fund Flex Program is made possible by a $100-million contribution of American Rescue Plan Act (ARPA) funds over two years.

Westchester County Executive Latimer Signs Bills to Fund Land Deals for Affordable Senior Housing Developments in Ossining and Yonkers
“Our responsibility as a county government is to make sure that the opportunity for affordable housing is always there. Having access to decent housing is a basic, human right, and homes need to remain at a price point that all people can afford,”

Westchester Board of Legislators Approve Purchase, Land Conveyance for Two Senior Projects
The two affordable properties will help ease the housing shortage for senior citizens in Westchester, where seniors living on fixed incomes struggle to afford rising housing costs.

First Metro-North TOD Project Opens in Harrison
HARRISON—New York Gov. Kathy Hochul was joined by leaders from the Metropolitan Transportation Authority and officials from residential development

Five Communities Tabbed for County Economic Development Grants
WHITE PLAINS—Westchester County officials announced on June 22 that five Westchester municipalities—Bedford, Dobbs Ferry, Mount Kisco, Pelham and

Five Business Organizations Tell Westchester State Delegation Housing Incentives Alone Will Not Work
WHITE PLAINS—The chief executives of five major business organizations in Westchester County, including the Hudson Gateway Association of Realtors,

Development Boom Continues in Westchester Despite Economic Headwinds
WHITE PLAINS—Chief officials from the cities of White Plains, Yonkers and New Rochelle agree that investment interest in new

Westchester Launches Business FIRST Downtown Improvement Grant Program
WHITE PLAINS—Westchester County announced on Feb. 22 that the next phase of Westchester County Office of Economic Development’s

DEC, Westchester Land Trust Acquire 68 Acres in Westchester County
NORTH CASTLE—The New York State Department of Environmental Conservation and Westchester Land Trust announced on Feb. 3 the acquisition