Rose Associates recently closed on $182 million in construction financing to redevelop an existing 13-story office property for residential and retail use. The property is located at 440 Hamilton Avenue in White Plains, New York and will eventually comprise 255 apartments and 3,400 square feet of ground-floor retail.
The White Plains Common Council recently approved the construction of a new 296-unit apartment complex near the city’s northwestern border. The complex is the latest project from BRP Companies, a Manhattan-based developer, and will occupy a 2.44-acre lot assemblage.
RockFarmer Properties, developer of The Centrale at 257 Central Avenue in White Plains, has successfully sold all condominiums available in the newly renovated building. The company purchased 22 of the 30 residences in 2012 and maintained the units as rentals before embarking on a complete renovation and capital improvement of the asset beginning in November 2020.
Construction is making headway on Waterstone of Westchester, an independent living community for senior citizens in White Plains. The development is located at 150 Bloomingdale Road in Westchester County will feature 132 residences, supportive services, and a number of amenities.
Kingsley House, an affordable senior housing in Westchester County will soon get a major rehabilitation to the tune of $35.8 million. New York State Homes and Community Renewal, MDG Design + Construction LLC, Smith & Henzy Advisory Group, Inc. are partnering up to renovate and preserve the affordability of 164 units in the Mitchell-Lama housing development at 41 Barker Avenue in White Plains.