Yonkers, Ossining waterfront plans show signs of progress

In this week’s Westchester County Business Journal, Bureau Chief John Golden wrote about new developments at two separate waterfront properties in Yonkers and Ossining.

On the Yonkers City Pier, Hudson Park developer Collins Enterprises L.L.C. has enlisted Berkshire Property Advisors of Manhattan as a new partner for the 560-unit luxury rental complex (which also includes restaurant, retail and office space). Collins Enterprises hopes that with the $147 million recapitalization deal, it will be able to proceed with plans for the third phase of Hudson Park, an approximately 20-story, 180 to 200-unit apartment building on the north end of the Hudson Park site. (See here for the full article).

In Ossining, Harbor Square L.L.C. developers Ginsburg Development Cos. and Cappelli Enterprises Inc. recently presented a new plan before village officials, calling for the development of a six-story, 188-unit apartment building, a two-story, 10,000-square-foot restaurant and retail center and a roughly 3-acre waterfront park. The plan has been stalled since the recession hit in 2008. (See here for the full article).