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66°
Thursday, nov 7
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Residential Development
Real Estate
Record-Breaking Sale: Horse Farm Goes For $30.6M In Bedford, Report Says
An over 200-acre farm property has broken the record for the highest sale recorded in the history of a Northern Westchester town, according to a new Wall Street Journal report. The 214-acre equestrian estate, known as Sunnyfield Farm, is located in Bedford and sold for $30.675 million, breaking the record for the highest sale recorded in the town, according to Sotheby’s International Realty agent Krissy Blake, who announced the sale on social media. View this post on Instagram A post shared by Krissy Blake (@krissyblake_) The prope…
Business
Yes, Golf Course In Westchester County Can Build 105 Homes On Property, Court Rules
A Westchester County country club will once again be able to pursue permits to build 105 residences on its property, thanks to a court ruling. In a ruling from the New York State Supreme Court from Thursday, Nov. 17, it was determined that the Hampshire Country Club in Mamaroneck can resume a decade-long effort to move forward with the project after it was denied by the village's Planning Board, according to the ruling. According to the decision, the court found that the Planning Board's denial was illegal and motivated by an already-existing desire for a negative result. …
Business
Owners Looking To Transform Mall In Westchester County
The owners of a Westchester County mall are teaming up with prominent real estate players to turn the site into a mixed-use residential and commercial development. The owners of The Galleria at White Plains located at 100 Main St. (Route 119), Pacific Retail Capital Partners (PRCP) and Aareal Bank, are teaming up with real estate developers SL Green Realty Corp. and the Cappelli Organization to transform the mall, according to an announcement by PRCP from Thursday, Nov. 3. The 870,000-square-foot Galleria opened in 1980 in downtown White Plains and is near a major mass…
Real Estate
Nearly $400M In Residential Developments Proposed For Three Westchester 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…
Business
New Starbucks Opening In Westchester
Starbucks lovers will have a new place to check out in Westchester. The coffee giant has signed a 10-year-lease to open at 280 East Main Street in Elmsford. The 2,200 square foot store will also feature a drive-thru. The store is expected to open in the spring. The Starbucks is part of the Apex at 290 property, an 81-unit residential development.