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Three projects are primarily residential developments that will create 1,806 rental apartments and 2,203 parking spaces.
Sales tax exemptions and mortgage abatements are among the most common benefits the Westchester IDA provides and have been seemingly routinely granted to developers of projects in White Plains.
WP Mall Realty LLC is to receive $17.5 million in tax breaks; Lennar Multifamily Co. would receive $12.15 million; and Waterstone would get $3.22 million.
Designing such facilities is still challenging: “It seems like there’s always one more thing we hadn’t thought of that needs to be done," says Epoch Senior Living chief Laurence Gerber, whose facilities include locations in Norwalk, Trumbull and, soon, Stamford.
Epoch Senior Living operates a number of Bridges memory care communities, including ones in Norwalk and Trumbull.
A site along Bloomingdale Road in White Plains once targeted for a shopping center could instead become home to 132 luxury apartments for seniors.