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The Virginia-based Harbor Group International announced Dec. 5 that it has acquired the apartment tower near the city's train station, with partner Azure Partners LLC.
A developer's proposed $1 million gift to Greenburgh to be used to buy parkland faces community opposition that may exceed the scope of an Ethics Board ruling.
A donation from AvalonBay Communities Inc. to Greenburgh to acquire parkland sees pushback from a community group and heads to the town's Board of Ethics.
Stamford attorney Geoffrey F. Fay says the value of commercially zoned real estate can often be increased by the use of creative development structures that facilitate the development of different, but compatible, adjoining uses which may not be possible with a typical subdivision.