Two long-term lease renewals totaling 4,694 square feet were recently announced at 3010 Westchester Avenue within Purchase Professional Park in Westchester. Developed by Simone Development Companies and Fareri Associates and designed by Design Development Architects, the park features four buildings that total 220,000 square feet of Class A office and medical space. The buildings were constructed between 1969 and 1973.
A new all-affordable apartment complex was recently approved for 30 Water Street in Ossining, Westchester County, on the former site of the Village Department of Public Works property. Developer WBP Development LLC received final approval for financial assistance from the Westchester County Industrial Development Agency on August 29. The $94 million project was designed to transform the former industrial site into a fully affordable housing development.
A new project broke ground last week on a long-vacant plot of land located at 6 Saw Mill River Road in Westchester County. The property, formerly owned by Gasho of Japan, was recently acquired by Michael Pasqualini, an entrepreneur in the restaurant and hospitality industry. Pasqualini broke ground yesterday on the 2.8-acre plot, and plans to transform the site into Le Setai, an upscale event venue.
The Westchester County Industrial Development Agency has given its final approval for financial incentives to support the construction of a $44.5 million affordable housing project designed exclusively for seniors aged 62 and older. The project, called Crescent Manor Ossining, will occupy a currently vacant site located at 136-140 Croton Avenue in Ossining.
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