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Redevelopment

Real Estate
$10M Put To Affordable Housing In Downtown Of This Westchester City $10M Put To Affordable Housing In Downtown Of This Westchester City
$10M Put To Affordable Housing In Downtown Of This Westchester City Westchester County is taking a major step forward in addressing the need for affordable housing with a $10 million allocation for the purchase of property in downtown White Plains, officials announced.  The Land Acquisition Act, signed by new County Executive Ken Jenkins on Tuesday, Jan. 7, will fund the redevelopment of two buildings located at 99 Church St. and 6 Cottage Pl. in White Plains. The project will create 108 affordable homeownership units for first-time buyers and include 89 parking spaces.  "We are continuing on our path to create as many affordable housing opportun…

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by Ben Crnic
Real Estate
Pair Of Downtown White Plains Office Buildings Sell For $16M Pair Of Downtown White Plains Office Buildings Sell For $16M
Pair Of Downtown White Plains Office Buildings Sell For $16M Mack-Cali Realty Corp. has sold a pair of downtown White Plains office buildings on Barker Avenue in separate deals totaling $16 million, according to Westfair. County property records show the six-story, 68,000-square-foot 1 Barker Ave. office building sold for $9.3 million. The deed was recorded Sept. 13. The same day, a separate deed recorded the $6.7 million sale of the six-story, 65,300-square-foot building at 3 Barker Ave., Westfair said in this report.  The buyers are two separate LLCs — 1 Barker Ave. LLC and 3 Barker Ave. LLC — that share an address in Spring Valley. The properties …

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by Daily Voice