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Saturday, nov 30
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Downtown White Plains, NY
Business
Owners Looking To Transform Galleria At White Plains
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…
Business
Westchester IDA To Consider Incentives For $1B In New Projects
The Westchester County Industrial Development Agency is considering granting a series of incentives for three large-scale projects throughout Downtown White Plains that would result in more than $1.2 billion in new developments, as discussed on Friday, March 29. Two of the projects will create 1,674 new multifamily units. The third project will provide 132 independent living units. First on the IDA’s agenda is the proposed White Plains Mall redevelopments, which would feature approximately 860 rental apartment units in multiple buildings with 10 percent marked as affordable. The $600 milli…