Toll Brothers Secures Approvals for 118-Unit Senior Development in Yorktown

As part of the approved plan, the developer will donate the historic Field Home building and a surrounding 3.05-acre portion of the property to the Town of Yorktown for preservation and reuse.

Toll Brothers Secures Approvals for 118-Unit Senior Development in Yorktown
A map of the proposed Toll Brothers project on Catherine Street in Yorktown. Image courtesy of the Town of Yorktown.

YORKTOWN—The Yorktown Planning Board recently approved Toll Brothers’ proposal for a 118-unit development on Catherine Street, paving the way for the construction of the active-senior community.

The age-restricted townhomes on approximately 48 acres will offer amenities like a clubhouse and pool, along with new roads and a stormwater management system. The development, which targets residents age 55 and over, is expected to generate approximately $1.3 million in annual property taxes, with nearly $900,000 of that total allocated to the Yorktown Central School District.

Toll Brothers agreed to give Yorktown $150,000 to fix the Hunterbrook upper field as a replacement for a practice field on Catherine Street. The developer will also pay a $472,000 fee to Yorktown’s park trust, as well as $170,500 to the local sewer district and $55,000 to the Mohegan Volunteer Ambulance Corp.

Town officials’ comprehensive review process took more than four years to ensure that the project aligns with the community’s interests. The Planning Board approved the subdivision and site plan on Nov. 10.

“The Town Board conducted a thorough review of this project to ensure it was appropriate, and the public had ample input since the proposal was originally presented,” said Supervisor Ed Lachterman. “These townhomes will provide our older residents with local options as they downsize from single-family homes.”

As part of the approved plan, the developer will donate the historic Field Home building and a surrounding 3.05-acre portion of the property to the Town of Yorktown for preservation and reuse. Constructed between 1887 and 1924, the Field Home originally provided shelter for elderly and infirm women and is currently occupied by the Field Hall Foundation.

Additionally, the proposal addresses environmental requirements, with approximately 14.3 acres of the total area subjected to a conservation easement, preserving it as open space, town officials stated.

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Real Estate In-Depth

Real Estate In-Depth is the official publication of the Hudson Gateway Association of Realtors.

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