Yonkers


Rendering of 57 Alexander Street - Rose Associates

Yonkers IDA Approves $177.3 Million in Construction Financing for 57 Alexander Street

Construction is expected to break ground soon at 57 Alexander Street, a 440-unit residential building in Yonkers, New York, following approvals for a major financing package valued at $177.3 million. The deal was approved by the Yonkers Industrial Development Agency, a public benefit corporation that provides business incentives to enhance economic growth in the City of Yonkers.

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Rendering of Yonkers Studio via Lionsgate

Lionsgate Entertainment Company Signs on as Anchor Tenant in $100 Million Studio Development in Yonkers

Last week, media-focused investment firm Great Point Capital Management signed on entertainment company Lionsgate as its anchor tenant for a new $100 million production-studio development in Yonkers. Lionsgate will also be an investor in the project that includes five studios and a back lot near the Yonkers downtown Metro-North train station. Also a partner in the joint venture is developer National Resources.

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