Grand opening of GDC’s 70 Pier Street in Yonkers

Ginsburg Development Companies (GDC) Founder and Principal Martin Ginsburg joined with Yonkers Mayor Mike Spano and other city officials for the Oct. 1 grand opening of 70 Pier Street, GDC’s new building at 70 Pier St. in the Ludlow neighborhood of Yonkers.

The building features 36 luxury rental apartments and an array of amenities for residents, including a lounge, fitness center, business center, and roof deck. The apartments have high-end finishes ranging from wide-plank flooring to ceiling fans in the primary bedroom and a GE washer/dryer combination in each unit.

Part of the new Ginsburg building.

Located adjacent to the Ludlow Metro-North Train Station and across from a completely renovated Abe Cohen Park & Plaza, 70 Pier Street is the first of three buildings to be built by GDC in the neighborhood, which will total over 400 units.

“70 Pier stands at the gateway to Ludlow Park for those arriving by train. Together with the new park and plaza, it will welcome residents and visitors to an exciting new transit-friendly community that is just 35 minutes to Grand Central Terminal,” Ginsburg said at the ribbon-cutting. “We have a nice park here and there’s another nice park, O’Boyle Park, further north. We’re going to create a park on the west side of our development, and a deli-grocery that we’re going to be putting in here, which I think will be a nice thing for the neighborhood.”

Ginsburg speaks with Mayor Spano to his right in the photo.

“The completion of 70 Pier is the first of many phases in the comprehensive revitalization of the Ludlow community,” Spano said. “GDC’s ongoing investment in this waterfront neighborhood will create renewed open green spaces, parks, improved infrastructure and homes that will spark economic growth for all.”

The new building offers alcove studios starting at $2,250, one-bedroom apartments starting at $2,550, and two-bedroom apartments starting at $3,995.