Home Construction Yonkers IDA gives final OK on financial benefits for Point & Ravine;...

Yonkers IDA gives final OK on financial benefits for Point & Ravine; preliminary approvals for three other projects

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The Yonkers Industrial Development Agency has given final approval for financial benefits for the Point & Ravine Apartments at 56 and 69 Ravine Ave. and 76 Point St. The project is being developed by Rochester-based Conifer Realty. The project is to receive a payment in lieu of taxes (PILOT) agreement that will run 32 years….

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