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Multifamily Housing

Business
Westchester IDA To Consider Incentives For $1B In New Projects Westchester IDA To Consider Incentives For $1B In New Projects
Westchester IDA To Consider Incentives For $1B In New Projects The Westchester County Industrial Development Agency is considering granting a series of incentives for three large-scale projects throughout Downtown White Plains that would result in more than $1.2 billion in new developments, as discussed on Friday, March 29. Two of the projects will create 1,674 new multifamily units. The third project will provide 132 independent living units. First on the IDA’s agenda is the proposed White Plains Mall redevelopments, which would feature approximately 860 rental apartment units in multiple buildings with 10 percent marked as affordable. The $600 milli…

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by Valerie Musson
Real Estate
Westchester Apartment Complex Sells For $91M Westchester Apartment Complex Sells For $91M
Westchester Apartment Complex Sells For $91M Talleyrand Apartments, a 300-unit multifamily community in Tarrytown, has been sold to an affiliate of The DSF Group of Waltham, Mass., for $91 million.  The new owner is Crescent Drive Owner LLC, an affiliate of The DSF Group. DSF already manages large housing complexes, including luxury apartments, in New Rochelle and White Plains. Talleyrand’s location in Tarrytown benefits from an excellent school system and provides convenient access to Midtown Manhattan via the Metro-North Railroad, which gets commuters to Midtown in approximately 30 minutes. An additional benefit of the location is t…

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by Jon Craig