Mediapro North America and Great Point Studios have broken ground on a new film and television production complex at 1050 North Broadway in Yonkers. Anticipated to open its doors in fall 2024, the facility is a significant addition to Yonkers’ media production landscape.
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.
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.
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.
The Yonkers Panning Board is now considering proposals from Kearney Realty & Development Group to construct a new affordable housing project at 21-23 Park Avenue in Yonkers. The project is known as The Abbey and includes the construction of a new apartment building and a renovation of the Ethan Flagg House and Blessed Sacrament Monastery. Both properties are listed on the National Register of Historic Places.