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Prior to its development, the Greypointe site was the subject of two decades of unsuccessful construction plans.
Ginsburg Development Cos. presented the plans for the company's remake of the Westchester Financial Center, two office buildings the company picked up for $83 million in April.
The building, called "The Metro," is one of three high-rise buildings on a block in White Plains that developer Martin Ginsburg will reimagine as "City Square."
Gateway Townhomes at 700 Main St. features 16 two- and three-bedroom rowhouse condominiums.
Avison Young’s New York Capital Markets group announced it has arranged a $120.3 million loan for the acquisition and redevelopment of the Westchester Financial Center near the White Plains train station.
Ginsburg Development Cos. has teamed up with Robert Martin Co. on an $83 million deal to acquire Westchester Financial Center, two office buildings comprising about 570,000 square feet in downtown White Plains. Ginsburg will redevelop the property with a mix of office, retail and residential space.
Ginsburg plans to upgrade and expand the lakefront complex’s existing amenities.
The upgraded lobby at the 34 S. Lexington Ave. building features new furniture, wall tiles, lighting and artwork, along with a new entrance canopy on the building’s exterior.
The complex at 1177 Warburton Ave. in Yonkers is scheduled for occupancy in Spring 2018.
Ginsburg aims to acquire a vacant property on Downing Street and build 550 apartments.
The company plans to build 16 rowhouse condominiums at 700 Main St. in Peekskill.
Ginsburg added that he was in talks with a “New York/New Jersey restaurant” to set up operations in the space that was occupied by Amici Miei Café.
Dubbed Fort Hill, the mixed-use project will include 178 luxury rental apartments, a 42-room inn and spa and a restaurant.
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