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Real Estate
Nearly $400M In Residential Developments Proposed For Yonkers Projects Nearly $400M In Residential Developments Proposed For Yonkers Projects
Nearly $400M In Residential Developments Proposed For Yonkers Projects A trio of developments have been approved by officials in Yonkers totaling nearly $400 million. The Yonkers Industrial Development Agency (IDA) approved resolutions that will provide financial incentives for three extensive residential projects in the city that represent an investment of an estimated $391 million. It is further estimated that the projects will create 1,300 construction jobs and add nearly 1,000 residential units in Yonkers. At the center of the development plan is Ludlow Point, a $199.7 million investment that is part of the new Ludlow Station Area Master Plan. According to…

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by Zak Failla