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Saturday, dec 21
Tag:
Affordable Housing
Real Estate
Affordable Housing Community Breaks Ground In Westchester: Will Have Over 300 Units
Construction has begun on a new $223 million affordable housing development in Westchester that will create hundreds of new homes. The project, called Opal 115, will bring 315 affordable apartments to the city and is being built in partnership with Forward Thinkers Development, Grandview Consulting, and The NRP Group. The development, which will hold a groundbreaking ceremony on Tuesday, Dec. 17, will provide housing for households earning 40 to 90 percent of the Area Median Income. Nearly half of the apartments will be two- and three-bedroom units designed to accommodate…
News
$2.5B 2025 Budget Signed In Westchester: Here's Where Funding Will Go
Westchester County's 2025 budget, which avoids a tax levy increase, has been officially signed into law. The $2.5 billion 2025 Westchester operating budget was signed by County Executive George Latimer, officials announced on Wednesday, Dec. 11. The new budget is the seventh and last to be signed by Latimer, who will resign from his position on Thursday, Jan. 2 to serve in Congress representing New York’s 16th Congressional District. According to Latimer, the budget proposal maintains the same tax levy as the 2024 budget, making it the sixth consecutive year without an inc…
Politics
Westchester County Executive George Latimer Announces Resignation For Bigger Plans: Congress
Westchester County Executive George Latimer has announced his resignation as he prepares to be sworn in as a US Congressman representing New York’s 16th Congressional District. Latimer’s resignation will take effect on Thursday, Jan. 2, 2025, at 12:01 p.m., he said during a public address on Monday, Nov. 25. The announcement comes as he transitions to his new role in Congress, where he will begin serving the following day, Friday, Jan. 3. In this role, Latimer. a Democrat, will represent the southern portion of Westchester, including White Plains, Mount Vernon, Yonkers, New Roche…
Politics
Westchester's Deputy Executive Announces Run For County's Top Position
Now that Westchester County Executive George Latimer will be serving in Congress, another top county official has announced his bid to take his place. In an announcement on Tuesday, Nov. 12, Westchester Deputy County Executive Ken Jenkins revealed his candidacy for the county's top position. Jenkins' candidacy follows Latimer's victory in the race for New York's 16th Congressional District seat. Since Latimer will be heading to Congress, Jenkins said he believes he is ready to take on the job. Earlier Report - Election 2024: Winner Projected In 16th Congressional District…
News
$2.5B 2025 Budget Proposed In Westchester: Here's Where Funding Would Go
If you're worried about tax increases, the proposed 2025 Westchester County budget may come as some relief. The $2.5 billion proposed 2025 Westchester County operating budget was unveiled by County Executive George Latimer in a presentation given on Thursday, Nov. 7. According to Latimer, the budget proposal maintains the same tax levy as the 2024 budget, making it the sixth consecutive year without an increase if it is passed. The proposal "prioritizes key areas such as public safety, emergency preparedness, housing, health and mental health services, as well as environmental …
Politics
Election 2024: Winner Projected In 16th Congressional District Representing Much Of Westchester
The votes are in, and New York's 16th Congressional District now knows its next representative in Congress. Democrat George Latimer has been projected as the winner for the House seat representing the southern portion of Westchester, including White Plains, Mount Vernon, Yonkers, New Rochelle, and Rye, and a small part of the northern Bronx, defeating Republican Miriam Flisser, according to the state Board of Elections. Latimer was leading Flisser by a margin of 72 to 28 percent, with 54 percent of the vote in as of 12:15 a.m. Wednesday, Nov. 6. The people of Westc…
Lifestyle
These Westchester Municipalities Among Best Affordable Areas For Foodies: New Rankings
If you have a taste for fine dining but don't necessarily have the funds to live in expensive cities, check out these two Westchester municipalities named among the best affordable places for foodies by Realtor.com. Both Yonkers and Mamaroneck were named among the top seven affordable places to live for foodies in all-new rankings by Realtor.com on Monday, Oct. 21. According to the website, the two municipalities offer affordable housing options while also containing restaurants recognized by the Michelin Guide, which helps readers discover the best restaurants by listing establi…
Politics
$385.15M 2025 Capital Budget Proposed In Westchester: Here's Where Funding Will Go
Westchester County Executive George Latimer has released the details of his proposed 2025 Capital Budget, which requests over $385 million in new appropriations. The proposed budget, announced by Latimer on Tuesday, Oct. 15, includes $385.15 million in investments in affordable housing, roads and bridges, sewer and water systems, flood mitigation, electric vehicle infrastructure, and parks and recreation. According to Latimer, the budget reflects the work his administration has done to "strengthen public services and modernize infrastructure across Westchester County." "T…
Real Estate
Work Nears Completion On 28-Story Apartment Tower In New Rochelle
Developers marked a significant milestone in the construction of a 28-story residential tower in the downtown section of a Westchester County city. A "topping out" ceremony was held on Friday, Sept. 20 to celebrate the completion of the final floor of 247 North Avenue, an upcoming apartment tower in downtown New Rochelle developed by LRC Construction. The development will include 307 luxury rental apartments in studio to two-bedroom layouts, with 31 of these units reserved for households earning 80 percent of the area median income. The tower will also feature 1,800 squar…
News
Plans Scrapped For 6-Story Multifamily Building In Westchester: Officials
Village officials have decided not to continue with a proposed multifamily apartment building in Northern Westchester that would have required zoning regulation changes. In an announcement on Thursday, Sept. 12, Croton-on-Hudson Mayor Brian Pugh said that the village decided against moving forward with the proposed multifamily development at 1 Half Moon Bay Dr. The proposal, which would have been developed by 1 HMB Property Owner, LLC and would have replaced a tire warehouse that sits on a parcel of land zoned for Light Industrial use, consisted of a six-story building that would…
Real Estate
Work Nears Completion On 27-Story Apartment Tower In New Rochelle
The superstructure of a 27-story luxury apartment tower located in the downtown area of a Westchester County city has been completed. The topping off of 33 Westchester Place in downtown New Rochelle, a tower that will contain 315 luxury apartments, was held on Monday, Aug. 19, according to developer Allstate Ventures. Work on the 27-story tower originally began in May 2023. When it is completed, the development will have 110 studios, 161 one-bedroom units, and 44 two-bedroom units. Each unit will boast built-in appliances, quartz counters, tiled walk-in showers,…
Real Estate
New Development With Over 100 Affordable Apartments Completed In Westchester
Construction of an all-new six-story apartment building in Westchester with more than 100 affordable units has been completed with help from New York state officials. The grand opening of Summit on Hudson, located in Yonkers just a half-mile from the city's Metro-North train station, was celebrated by city and state officials on Tuesday, July 16. The new building, developed by Wethab and built as part of New York Gov. Kathy Hochul's $25 billion comprehensive Housing Plan to create and preserve 100,000 affordable homes throughout the state, contains 113 affordable apartments…
Real Estate
New $48M Affordable Housing Building Opens In Westchester: Features Ultra-Low Energy Design
Federal, county, and city officials celebrated the grand opening of a new four-story affordable housing building in Westchester that boasts energy-saving features. The $48 million building, known as La Mora Senior Housing, celebrated its grand opening on Tuesday, July 9 at 23 Mulberry St. in the Hollow neighborhood of South Yonkers. The project features 60 affordable apartments for seniors and was built by the nonprofit Mulford Corporation. In addition to giving seniors access to affordable units, the building was also built using Passive House design, a standard for ener…
Politics
Journalist Vs. Chemist: Avlon, Goroff Face Off In Closely-Watched NY Congressional Primary Race
Among the New York races that political pundits are keeping an eye on this Primary Day is that of the journalist versus the chemist. On Long Island, Democrats John Avlon and Nancy Goroff are facing off to determine who will take on Republican Rep. Nick LaLota in November for the state’s 1st Congressional District, representing the eastern two-thirds of Suffolk County. The 51-year-old Avlon is a former political analyst at CNN who previously served as a columnist and associate editor for The New York Sun. He was also the chief speech writer for former New York City Mayor Rudy Giuliani. Ea…
Real Estate
Groundbreaking Held For 200-Unit Development In Westchester: Will Feature 5-Acre Open Space
Work has begun on an upcoming multifamily development in Westchester that will feature five acres of open space, including walking trails and a community garden. The groundbreaking for a 200-unit luxury multifamily development in Harrison at 1 Webb Avenue was announced by its developer, The NRP Group, on Monday, June 17. The project, located on a 10-acre site, will include 30 studio units, 75 one-bedroom units, and 84 two-bedroom residences and is located in close proximity to several major highways such as Interstates 287, 95, and the Hutchinson River Parkway. Each residence w…
News
These Hudson Valley Housing Projects To Receive Portion Of $260M Fed, State Funding
More than a quarter billion dollars in federal and state funding will go toward addressing New York’s housing crisis. Over $260 million has been awarded to 29 housing developments across the state through tax credits and subsidies meant to create or preserve over 1,800 affordable and sustainable homes, Gov. Kathy Hochul announced Monday, March 18. The projects will upgrade and modernize public housing and further local economic development initiatives, according to the governor’s office. Each one includes sustainable features meant to advance the state’s climate goals. “The only way to add…
Real Estate
Officials Approve $458M Mixed-Use Residential Towers In Westchester With Affordable Units
City officials in Westchester have approved financial incentives for a $458 million mixed-use residential complex that will include several affordable apartments within its two towers. Financial incentives for the Teutonia Hall project, a mixed-use residential complex planned to feature two luxury 41-story towers in Yonkers at 4 Buena Vista Ave., were approved by the Yonkers Industrial Development Agency on Thursday, Feb. 29. The project, which will be constructed in two phases, will include a total of 906 apartments, 91 of which will be affordable. Additionally, the comple…
Business
Take Look Inside: Westchester's First Cannabis Dispensary Celebrates Opening
The first cannabis dispensary in Westchester is now open for business and is looking to become an integral part of its community. Elevate Cannabis Dispensary, located in Mount Vernon at 127 South Terrace Ave., held its official grand opening celebration and ribbon-cutting ceremony on Tuesday, Feb. 20. Earlier Report - Westchester's First Cannabis Dispensary To Hold Official Grand Opening In Mount Vernon The event was attended by officials from the New York State Office of Cannabis Management as well as Mount Vernon Mayor Shawyn Patterson-Howard and City Comptroller Darr…
Real Estate
Westchester Sets Aside $5.7M For Land To Build Affordable Housing On: Here's Where
Westchester County officials have allocated $5.7 million to purchase land that will be used for planned affordable housing construction projects. The allocations were made official by Land Acquisition Acts signed by Westchester County Executive George Latimer, county officials announced on Wednesday, Feb. 7. Under the acts, $2.7 million was set aside for the purchase of land in Yonkers, while $3 million was allocated for the purchase of land in the Village of Ossining. Both properties will be used for the construction of affordable housing that will be marketed and leased to…
News
Breaking Ground: New Development With Affordable Units Under Construction In Westchester
A new residential development that will include several new affordable units is now under construction near the heart of a Westchester County city. A ground-breaking ceremony for a new residential project at 8 Chester Ave. in White Plains, developed by the Keeler Markwood real estate firm, was held on Wednesday, Nov. 1, with White Plains Mayor Thomas Roach in attendance. The upcoming four-story development will contain 74 rental units, including nine affordable residences. The building will also offer 75 kilowatts of solar electric generation on its roof; several electric vehicl…
News
$473.7M 2024 Capital Budget Proposed In Westchester: Here's Where Funding Will Go
Westchester County Executive George Latimer has unveiled his proposed 2024 Capital Budget, which requests $473.7 million in new appropriations. The proposed budget, announced by Latimer on Tuesday, Oct. 17, includes investments in affordable housing, infrastructure for electric vehicles, parkway rehabilitation, bridges, roads, and flood mitigation. The budget will now be reviewed by the Westchester Board of Legislators. "Our 2024 Capital Budget, the sixth of its kind under our stewardship, paves the way for a brighter tomorrow. With investments in affordable housing, electric v…
News
Construction Begins On $60M Affordable Housing Development In Westchester Near Train Station
Work has begun on an all-new $60 million development that will include numerous affordable apartments and commercial space located near a Metro-North train station in Westchester. The upcoming development, called The St. Clair, will be located in downtown Yonkers and will include 76 affordable apartments when it is completed, New York Gov. Kathy Hochul announced on Wednesday, Sept. 27. These units will be affordable to households earning at or below 80 percent of the Area Median Income, according to Hochul's office. The specific address of the upcoming development was not …
Lifestyle
This NY Locale Tops List Of Safest Cities In America, Report Says
When it comes to that list of must-haves for a new home, not many amenities rank higher than peace of mind. Fortunately for New Yorkers, you won’t have to look far to find it as the safest city in America is right in our backyard, according to a new ranking. Glens Falls in Warren County topped Rocket Mortgage’s “15 Safest Cities In The US” for 2023. The company came up with the ranking after looking at violent and property crime data around the country from the FBI, as well as other factors like population, median household incomes, and home prices. Glens Falls boasts a violent crime ra…
News
First LGBTQ+ Friendly Affordable Housing Development Approved In Westchester
An all-new affordable housing complex meant to provide a safe space for LGBTQ+ Westchester residents has been approved by the county's government, officials said. Court Street Residences, a new affordable senior housing development that will be located in White Plains at 143 Grand St., was approved by the Westchester County Board of Legislators in a 17-0 vote on Monday, April 17. The project, which will consist of at least 140 residential units for people aged 55 and older and will be built by a corporation formed by HANAC, Inc. and Monadnock Development LLC, had …
Real Estate
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…
Politics
New Poll Reveals How NY Voters Think Gov. Hochul Is Doing Months Into First Full Term
New York Gov. Kathy Hochul’s approval rating dipped slightly in the second month of her first full term in office, according to a brand-new poll. Among the state’s registered voters, Hochul holds an approval rating of 56 to 40 percent, compared to 56 to 36 percent in January, according to a Siena College poll released Monday, Feb. 27. Hochul’s favorability also dipped slightly to 46 to 43 percent, from 48 to 42 percent in January, the poll found. When asked which issues state lawmakers should focus on, 36 percent of voters said crime, followed by cost of living at 27 percent, and afford…
Politics
How'd She Do? New Poll Reveals How Voters Think Gov. Hochul Fared On 2022 Policy Goals
As the year comes to a close, voters are revealing whether they think Gov. Kathy Hochul met her policy goals for 2022, and the feedback isn’t great. A majority or strong plurality said Hochul did not make progress on six of the policy goals that she laid out at the beginning of the year, according to a Siena College poll. Among those goals were making communities safer, enhancing trust in state government, and transforming SUNY into the “envy of the nation.” Hochul also said she wanted to increase the availability of quality medical care and create conditions for businesses to succe…
News
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…
News
Environmentally-Friendly Affordable 45-Unit Apartment Building Proposed In Westchester County
A new 45-unit apartment building that would also include retail space is being proposed for a downtown area in Northern Westchester. The mixed-use building would be located in downtown Chappaqua at 50 North Greenley Ave., the site of a former Rite Aid, according to Chappaqua Town Supervisor Lisa Katz. Katz said the current proposal includes: 45 studio, one-bedroom and two-bedroom apartment units, 12% of which would be affordable housing units; A new diner with indoor and outdoor seating; A net zero-carbon building with green space and decreasing impervious surfaces; …
Business
Developer Closes Deal On 203-Unit Mixed-Income Housing Parcel In Westchester County
A major real estate developer has closed on the purchase of a fully-entitled parcel in Westchester County that is planned to be a mix of rental housing, retail space, and community facilities. The Hudson Companies (Hudson) acquired a parcel in Port Chester located at 27-45 North Main St. (Route 1) and 28 Adee St. that will be developed into 203 mixed-income residential units in addition to commercial space, according to an announcement by the company from Wednesday, Nov. 9. The future development, which has not yet been named, will feature a mix of studio, one-bedroom, and t…
News
Construction Of 477-Unit Apartment Building In New Rochelle To Begin
Work on a new 477-unit apartment complex in Westchester County will soon begin. The new complex, to be located in New Rochelle at 500 Main Street (Route 1), will contain apartments ranging from studios to two-bedroom homes, as well as a fitness center, lounge, pool, roof deck, and on-site parking, according to New Rochelle city officials. The building will be a 26-story tower, according to Niles Bolton Associates, an architecture firm that worked on the project. 119 of the new apartments are also planned to be affordable units, with 20 apartments available to residents ea…
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