Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
Yorktown Planning Board Approves Site Plan for Residential Project at Former School
YORKTOWN—The Yorktown Planning Board recently approved a site plan for a redevelopment of the former Soundview Preparatory School campus.
The approval on July 17 allows for the construction of a mixed-use development at 370 Underhill Ave. with 148 residential units and 11,000 square feet of commercial space, along with the preservation of the property’s historic mansion.
“The redevelopment of this site accomplishes several of our goals for the Yorktown Heights business hamlet,” said Supervisor Tom Diana. “We are bringing a large, formerly tax-exempt property back on to the tax rolls; we are creating new housing opportunities for our older neighbors who want to downsize from homes; and we are preserving a historic mansion,” said Supervisor Tom Diana.
The developer, Underhill Soundview LLC, has committed $225,000 to the town to fund public park improvements and it will pay $625,000 toward the estimated $1.2 million cost of redesigning and building a new intersection at the intersection at Route 118 and Underhill Avenue.
The mixed-use development includes 64 one-, two- and three-bedroom apartments, 52 three- and four-bedroom townhouses and 32 one- and two-bedroom condominiums.
The Underhill Soundview project sits within the recently adopted overlay zone in the Yorktown Heights business hamlet. The overlay zone encourages the creative redevelopment of functionally outdated properties, a greater flexibility of permitted land uses and visually harmonious streetscapes.