Long Island-based American Equity Partners is preparing to file applications to convert the 12-story, 350,000-square-foot office building at 440 Hamilton Avenue, located on the corner of North Broadway in downtown White Plains, into 245 rental apartments. Twenty-five of the units, roughly 10 percent of the total, will be designated as affordable. The project includes a redesigned façade and the addition of a 13th-floor penthouse, Westfair reported. A ground-floor retail unit is also planned, and it’s possible up to two floors of office space could remain, depending on demand. White Plains-based Papp Architects is designing the conversion. The project will go before the city’s Zoning Board of Appeals.
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This month conversion is popular (December), closing to the New Year with new rental apartments.