Westchester County

Westchester LDC Approves $52M Bond Financing for NY Blood Center’s $108M Project

7:30 am on October 27, 2023 By Max Gillespie

The Westchester County Local Development Corporation (LDC) has given preliminary approval for $52 million in tax-exempt bond financing to assist the New York Blood Center Inc. in redeveloping the former Avon headquarters at at 601 Midland Avenue in Rye. The approval, which was granted October 20, will facilitate the transformation of the old headquarters into a 187,000-square-foot facility, entirely leased to the New York Blood Center for offices, testing and research laboratories, along with processing, storage, and distribution of blood and related supplies.

Preliminary rendering of Titan Real Estate Development's proposed building in Yonkers, New York

Titan Real Estate Development Reveals Plans for 340-Unit Rental Project in Yonkers

6:30 am on October 16, 2023 By Sebastian Morris

Titan Real Estate Development has revealed plans to construct a 340-unit rental property in Yonkers, New York. The proposed site was once a part of Mulford Gardens, a shuttered public housing project that the Municipal Housing Authority of the City of Yonkers transferred to the city in 2019.

Rendering of the District Galleria entrance

Developers Reveal Plans to Redevelop the Shuttered Galleria Mall in White Plains

7:00 am on October 5, 2023 By Sebastian Morris

Seven months after the Galleria Mall in White Plains closed its doors, developers have revealed a seven-building residential complex to replace the shuttered building. The development team includes Pacific Retail Capital Partners (PRCP), The Cappelli Organization, SL Green Realty Corporation, and Aareal Bank.

Aerial rendering of 645 Main Street in Peekskill, Westchester County

Affordable Housing Property Now Complete at 645 Main Street in Peekskill, New York

7:00 am on September 12, 2023 By Sebastian Morris

Local officials and community groups recently celebrated the completion of 645 Main Street, a new affordable housing property in Peekskill, New York. Developed by the Housing Action Council and Wilder Balter Partners, the 82-unit building will be reserved for individuals and households earning between 40 and 80 percent area median income.

Rendering of the new Patient Care Tower at the Westchester Medical Center

Westchester Medical Center Campus Receives $195M to Construct a New Care Facility in Valhalla, New York

7:00 am on August 27, 2023 By Sebastian Morris

Westchester Medical Center is set to receive a $195 million tax-exempt bond to complete a 163,000 patient care center on its sprawling commercial campus in Valhalla, New York. Known as the Patient Care Tower, the five-story building will have 128 ICU patient beds and facilities for trauma care, neurosciences, cardiology, and general surgery.

Aerial rendering of 247 North Avenue - Courtesy of LCOR

Developer Closes on $94M Loan for 247 North Avenue in New Rochelle, New York

7:30 am on August 24, 2023 By Sebastian Morris

Developer LCOR has closed on a $94 million loan to complete a 28-story residential tower in New Rochelle, New York. The property is located at 247 North Avenue and is on track to debut as one of the largest buildings to incorporate a geothermal system for heating and cooling interior spaces.

Daytime view of 155 Elliot Avenue Senior Apartments

Yonkers IDA Approves Financial incentives for Two Affordable Housing Projects for Seniors

7:30 am on August 19, 2023 By Sebastian Morris

At the beginning of August, the Yonkers Industrial Development Agency voted to approve financial incentives for a pair of affordable senior housing projects around the city. Together, the projects represent a $22.4 million investment and will support over 170 apartments for low-income seniors.

Aerial view of Edgemere Commons - Aufgang Architects

Wells Fargo Hits $780M Financing Milestone for New York City Affordable Housing Projects

7:00 am on August 13, 2023 By Sebastian Morris

The Community Lending and Investment division of Wells Fargo has reached a new milestone, $780.3 million in construction financing for affordable housing projects in New York City and Westchester County. The figure represents five loans, all closed in June 2023, the company’s largest-ever half-cycle allocation.

Evening rendering of The Daymark's facade and Hudson Riverfront

Developers Reveal Residential Interiors at The Daymark Condominiums in Sleepy Hollow, New York

7:00 am on July 18, 2023 By Sebastian Morris

Biddle Real Estate Ventures and PCD Development have revealed new images of The Daymark, a condominium property at 4 Lighthouse Landing in Sleepy Hollow, New York. Designed by COOKFOX Architects, the Daymark’s 100 residences will include a mix of traditional and townhome-style units, an assortment of amenity spaces, and 9,000 square feet of ground-floor retail space.

Preliminary renderings for 132 Halstead Avenue

City Planning Board Approves Mixed-Use Residential Development at 132 Halstead Avenue in Harrison, New York

7:30 am on July 13, 2023 By Sebastian Morris

Maynooth Holdings has won approvals to construct a mixed-use rental building at 132 Halstead Avenue in Westchester County. When complete, the four-story building in Harrison will contain a mix of ground-floor commercial space, a parking garage, 12 apartments, and a small collection of amenities.

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