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Breaking Ground: New Development With Affordable Units Under Construction In Westchester Breaking Ground: New Development With Affordable Units Under Construction In Westchester
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…

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by Ben Crnic
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