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Commercial Development

Real Estate
Tax Exemption Given To Office, Retail, Apartment Development In Westchester Tax Exemption Given To Office, Retail, Apartment Development In Westchester
Tax Exemption Given To Office, Retail, Apartment Development In Westchester Westchester officials are considering financial incentives for several major affordable housing and retail developments in the county that are expected to generate commercial activity.  During their meeting on Friday, Feb. 24, the Westchester County Industrial Development Agency (IDA) voted for the final and preliminary approval of financial incentives for two major developments in Downtown White Plains and began consideration of tax exemptions for a third, the agency announced in March.  The agency voted on the final approval of $481,562 in additional sales tax exemptio…

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by Ben Crnic
News
Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments
Groundbreaking: Former Mall In Westchester To Be Turned Into 860 New Apartments Construction of a $650 million mixed-use development that will include 860 new apartments has started at the site of a former mall in Westchester County.  The groundbreaking of the Hamilton Green development in White Plains, located at the site of the old White Plains Mall at 200 Hamilton Ave., was held on Thursday, Dec. 8, according to RXR, a developer behind the project along with the Cappelli Organization.  The mall, which opened in 1972, was demolished in August 2022 to make way for the new project, which will consist of four mixed-income multifamily buildings, RXR o…

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by Ben Crnic