Dallas-based Lincoln Property Company has paid $9.6 million for a lease to build the residential portion of Rivertowns Square, a mixed-use development located off the Saw Mill River Parkway, in Westchester’s Dobbs Ferry. According to Westfair, a 202-unit, 277,000 square-foot rental building is planned on Danforth Avenue. Dobbs Ferry Capital Partners and Saber Real Estate Advisors are developing the overall project, which will include an 138-key hotel on Livingstone Avenue, and 112,000 square feet of commercial space, which is now 80% leased. An office campus has already been demolished to make way for the new construction, and opening of the first commercial building is expected next summer.
Rivertowns Square, Livingstone Avenue looking north
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How do we apply for the affordable housing?
Affordable housing for who? Displaced persons and people who have medical disabilities due to bad choses. Or is this proposal for the middle class residents of Westchester and for the Senior citizens who have been forced to leave Westchester because of the high taxes they have incurred and can no longer afford! So who is this affordable housing for?