The Westchester Industrial Development Agency (IDA) has approved $481,562 in additional sales tax exemptions for Ginsburg Development Companies to complete upgrades to ground-floor retail spaces at 50 Main Street, a sprawling mixed-use complex in White Plains.
The Related Companies has secured a $32.3 million package of financial incentives to facilitate the completion of a renovation project at Armory Plaza, an apartment complex for low-income seniors at 35 South Broadway in White Plains. Located in the city’s downtown area, the four-story building resembles a stone castle and was constructed in 1909.
The Westchester Industrial Development Agency (IDA) is now reviewing proposals to construct a new affordable housing development at 8 Chester Avenue in White Plains, New York. Led by developer Keeler Markwood Group, the four-story building will contain 74 units of workforce housing and 40 parking spaces.
Tona Development and KS Group have closed on a $49.9 million construction loan to complete a new rental building at 50 Sussex Avenue in Newark, New Jersey. Designed by INOA Architecture, the building will top out at 15 stories and contain a mix of 203 apartments and 2,000 square feet of ground-floor retail space.
![The 4519 White Plains Rod project team celebrates the construction milestone - [From left, to right] Carlton Roye, project manager at Galaxy Construction; Jack Coogan, principal at OCV Architects; Jimmy Zervoudis, principal at Galaxy Construction; John McDonald, interim president at The Doe Fund; Lucy Sanchez, DASNY project manager; and Jeff Chu, development director of finance at Robert Sanborn Development](https://newyorkyimby.com/wp-content/uploads/2023/03/Project-team-at-4519-White-Plains-Road.jpg)
Construction has topped out on The Plains, a nine-story mixed-income residential property at 4519 White Plains Road in the Wakefield section of The Bronx. Led by developers The Doe Fund and Robert Sanborn Development, the building will contain 98 deeply affordable homes, 20 apartments reserved for tenants 62 and older, and on-site supportive housing for 49 formerly homeless adults living with disabilities.
