Articles by Max Gillespie


Rendering of The Abbey On The Park, courtesy of the Kearney Realty & Development Group

Yonkers IDA Approves The Abbey On The Park Affordable Development at 21-23 Park Avenue In Yonkers

The Yonkers IDA has voted preliminary approval for The Abbey on the Park, a new affordable housing development in Yonkers. The Abbey on the Park will consist of two existing historic buildings, the Ethan Flagg House and the Blessed Sacrament Monastery, in addition to one new building. The project, which is being led by the Kearney Realty & Development Group, will be located at 21-23 Park Avenue in Yonkers.

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Rendering of 632-636 South Broadway, courtesy of Thompson & Bender

Yonkers IDA Preliminarily Approves Incentives For The Parker at 632-636 South Broadway in Yonkers

The Yonkers IDA has issued preliminary approval for financial incentives for The Parker, a 16-story affordable housing project at 632-636 South Broadway in Yonkers. The $116.2 million project is part of a $174.5 million investment initiative that includes another affordable development, The Abbey on the Park, which will be located at 21-23 Park Avenue. Collectively, both projects are expected to create 410 construction jobs and add 242 new residential units to the local market.

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