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Home Business Journals

Groundbreaking for Ginsburg’s 70 Pier St

Peter Katz by Peter Katz
May 5, 2023
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Yonkers Mayor Mike Spano and members of the City Council were among those joining developer Martin Ginsburg on May 2 at a groundbreaking ceremony for Ginsburg’s new apartment building at 70 Pier St. in the Ludlow section of the city.

“We are very focused on making something special here,” Ginsburg said. “We are going to deliver something really wonderful for this community.”

Mayor Mike Spano, left, congratulates Martin Ginsburg at 70 Pier St. groundbreaking.

The four-story building will have 36 apartments and is located adjacent to the Metro-North Ludlow train station. The ground floor would include retail space as well as the building’s lobby and amenities for residents. There would be indoor parking. The estimated construction cost is $11.5 million.

“Today marks a milestone in the transformation of Ludlow Park,” Spano said. “While it may not be large in scale the project will have an enormous impact on this community.”

Rendering of GDC’s proposed building at 70 Pier St., Yonkers.

The 70 Pier St. site formerly was home to an office and garage used by the Yonkers Parking Authority that GDC purchased in June of 2017. Adjacent is a small municipal parking lot. GDC proposed taking over the parking lot and incorporating its 14 spaces along with seven additional permit spaces and 16 new metered spaces into a new layout. Ginsburg also would undertake revitalization of the existing city park known as Abe Cohen Plaza. There are plans for new paving, landscaping, sidewalks, benches, lighting, an entrance arch, a new flagpole, a sculpture and a new clock tower.

“Our intent is to have it green going from here to Bridge Street and Bridge Street becomes a park, the entire west side of that street will be a park than runs into O’Boyle Park. Wre going to do major improvements in O’Boyle Park, and that connects to Buena Vista. You’ll be actually able to bike from here into downtown going through O’Boyle Park,” Ginsburg said. “This project we hope to be a real game changer for this entire area.”

The building would be fully electric using a heat pump system for cooling as well as heating. The apartments have been designed with large windows and balconies. The lower front facade of the building would use metal panels.

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