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Thursday, mar 20
Tag:
Mixed-use development
Real Estate
Massive NY Film Studio, Development Site Along Hudson River To Be Auctioned For $6.35M
A massive production studio and waterfront development site in downtown Catskill is heading to auction, offering a rare investment opportunity at nearly half its original listing price. The 20,208-square-foot Lumberyard, a New York State Qualified Production Facility, will be sold to the highest bidder on Wednesday, March 20. Originally listed in 2023 for $11.5 million, the property now has a reserve price of $6.35 million — about 45 percent lower than its initial asking price. The auction follows Gov. Kathy Hochul’s recent announcement of a $10 million state grant to revitalize downtown Ca…
Real Estate
Yorktown Green Project Proposed Featuring 150 Apartments, Mixed-Use Building
One of the most prominent vacant commercial sites in Northern Westchester could be getting a multi-million dollar facelift to transform it into a massive mixed-use building. A proposal to transform Yorktown Green into a mixed-use development featuring 150 apartments, ground-level retail locations, and a new supermarket was introduced to the Town Board this week to much fanfare. According to Olster Properties, the 15-acre development in the heart of Yorktown Heights on Downing Drive would include the demolition of the current 90,000-square-foot building that was the home of a defunct Kmart …