Construction is now topped out at 25 North Lex, a high-rise mixed-use property at 25 North Lexington Avenue in White Plains, New York. Led by developer Greystar Real Estate Partners, the property will eventually contain 500 rental apartments, 60,000 square feet of amenities, and 16,000 square feet of ground-floor retail space.
WBP Development and LMXD, an affiliate of L+M Development Partners, are celebrating a big win for their latest high-rise residential project in New Rochelle. Stella, located at 10 LeCount Place and designed by Beyer Blinder Belle, was named Best Luxury Multifamily Development as part of the Westchester Home Builders Awards program. The program is run by Westchester Magazine and recognizes superlative residential developments in Westchester County.
Developers will soon break ground on a townhouse-condominium community at 1 Warburton Avenue in Westchester County following approvals to rezone the development site for multifamily use. Located in the Village of Hastings-on-Hudson and partially in the City of Yonkers, the development will create 21 two- and three-bedroom townhouses that range from 2,100 to 2,500 square feet.
Verus Development will receive a $56.8 million incentives package to facilitate the completion of a new affordable rental property for low-income seniors at 345 McLean Avenue in Yonkers, New York. The 12-story building will feature 105 apartment in studio, one-, and two-bedroom layouts, all reserved for seniors 62 years and older with an income at or below 60 percent of the area median income.
The Yonkers Planning Board has granted approvals to Ginsburg Development Companies to construct a new multifamily rental property at 150 Downing Street in Yonkers. Known as Ludlow Point, the development will include 208 apartments, a collection of amenity spaces, and 229 parking spaces.
