The owner of the 120-acre Chappaqua Crossing campus filed a petition this week with the New Castle Town Board seeking to build more than 30 affordable housing units in the former Reader’s Digest headquarters.
- The former Reader’s Digest headquarters.
Summit Greenfield Partners, the owner of the property off the Saw Mill River Parkway, wants the town to amend the Office District zoning regulations to allow for residential use of the upper two floors of the four-story building that opened in 1939.
Summit Greenfield was approved in 2011 to add 111 residential units, including 20 affordable apartments, to the campus that primarily houses office and medical space.
An adjusted plan now includes 91 fee-simple townhomes listed at market rate on the campus in addition to 32 affordable units in the Reader’s Digest building. The affordable units will be a mix of studio and one-, two- and three-bedroom apartments.
“The affordable rental housing will comply with the guidelines set forth in the settlement agreement between Westchester County and the U.S. Department of Housing and Urban Development,” according to a press release from Geoff Thompson, a spokesman for Summit Greenfield Partners.
