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“Transit-oriented development is a fast-growing trend in urban planning that is creating vibrant, livable and sustainable communities," said Mayor Mike Spano. "Yonkers is on the cutting edge of this exciting new trend. We are very pleased to have shared with the brokerage community these important transit oriented developments that are bringing new energy to downtown Yonkers."
Conducted by the city’s Department of Planning and Development, the brokers tour visited residential projects near Metro-North train stations downtown that are currently under construction. Projects included River Tides at Greystone, Hudson Park Club and UNO Micro Unit Apartments
River Tides at Greystone is a 330-unit, 10-story luxury rental complex developed by the Ginsburg Development Companies. It will overlook the Hudson River and have a direct walkway to the Greystone Metro-North station.
The 230,000-square-foot Hudson Park Club features 213 studio and one or two bedroom apartments. The Collins Enterprises development is located close to the Yonkers Metro North station.
Developed by National Resources, UNO Micro Unit Apartments is a $15 million project to transform Building 2 at iPark into 100 micro-unit apartments.
Spano welcomed the brokers at a cocktail reception following the tour at the mixed-use Boyce Thompson Center. The 85,000-square-foot center features Class A office and medical space, retail stores, banking and restaurants. It is being developed by Simone Development Companies.
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