Yonkers Weighs AvalonBay Proposal For Three Apartment Buildings

YONKERS, N.Y. -- Virginia-based AvalonBay is seeking to build hundreds of luxury apartments along the Hudson’s shore in Yonkers, according to a report by lohud.com.

This is an artist's rendering of an AvalonBay development, with 220 apartments, in Redmond, Wash. The Virginia-based builder of luxury dwellings is proposing 609 units for a site along the Hudson River in Yonkers.
Photo Credit: *Facebook*

Carol Reif

05/18/2016 7:30 p.m.

The company’s proposal, currently under review by the city’s Planning Board, calls for three towers containing a total of 609 units -- of which 10 percent would be designated as “affordable,” lohud.com reported.

According to the lohud.com report, Avalon’s project would be far less dense that what is now allowed on the Alexander Street site, which is part of a city-created urban renewal area.

That area would allow the building of close to 4,000 units spread out over a dozen towers, the lohud.com story said.

To read the lohud.com article, click here.

For more information about AvalonBay, click here..

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