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Metro-North train station

Construction Begins On $60M Affordable Housing Development By Yonkers Train Station Construction Begins On $60M Affordable Housing Development By Yonkers Train Station
Construction Begins On $60M Affordable Housing Development By Yonkers 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 …
Nearly $400M In Residential Developments Proposed For Yonkers Projects Nearly $400M In Residential Developments Proposed For Yonkers Projects
Nearly $400M In Residential Developments Proposed For Yonkers Projects A trio of developments have been approved by officials in Yonkers totaling nearly $400 million. The Yonkers Industrial Development Agency (IDA) approved resolutions that will provide financial incentives for three extensive residential projects in the city that represent an investment of an estimated $391 million. It is further estimated that the projects will create 1,300 construction jobs and add nearly 1,000 residential units in Yonkers. At the center of the development plan is Ludlow Point, a $199.7 million investment that is part of the new Ludlow Station Area Master Plan. According to…
New Rochelle Wins $10M Award For Downtown Revitalization Initiative New Rochelle Wins $10M Award For Downtown Revitalization Initiative
New Rochelle Wins $10M Award For Downtown Revitalization Initiative New Rochelle received a $10 million grant after being chosen as the Mid-Hudson winner of the third round of the Downtown Revitalization Initiative. New York Gov. Andrew Cuomo announced this week that New Rochelle has been chosen as one of 10 municipalities throughout the state to receiving the funding that is designed to “help communities boost their economies by transforming downtowns into vibrant neighborhoods.” In New Rochelle, the grant is scheduled to accelerate work on the mile-long Lincoln Avenue Corridor. “New Rochelle's Lincoln Avenue Corridor is an area ripe with potential to app…