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“The respondents are well-known developers in Westchester,” Ingrid Richards, assistant village manager in Scarsdale, told the Business Journal regarding the responses received to the...
The condominium was marketed and sold “as a top-tier luxury product that would afford owners and residents an elegant, pampered lifestyle,” the complaint states. “The sponsor has not delivered on that promise.”
The move brings the hospital's total at the location to 70,000 square feet on three floors.
The downtown condominium project was stalled for several years by the 2008 bankruptcy of its previous developer.
Developers are following the lead of the fast-changing health care environment to meet the expectations and needs of service providers and patients alike.
SL Green Realty Corp. of Manhattan has sold the 121,000-square-foot commercial office space at 500 West Putnam Ave. in Greenwich for $41 million, or $337 per square foot, to Fareri Associates, LP in Greenwich.
Greenwich has a new selection of luxury “loft-like” apartments to boast about with the recent addition of JLofts Greenwich on Old Track Road.
Greenwich-based Fareri Associates has planned to invest up to $1.2 billion to create a biotechnology research facility, children's science center, medical offices, a 100-room hotel and retail stores and restaurants on the 60 acres of county-owned land within the 512-acre Grasslands Reservation adjoining Westchester Medical Center.
The 2008 economic downturn and, most recently, a housing discrimination lawsuit have stood in the way of Kensington Road becoming a downtown luxury residential hub in Bronxville.
The principal of one of the two companies to submit a proposal for the development of a biomedical complex in Mount Pleasant pleaded guilty to grand larceny in 2007.