BCW Member MacQuesten Breaks Ground on $100M Affordable Housing in Mount Vernon

BCW Member MacQuesten Breaks Ground on $100M Affordable Housing in Mount Vernon

MacQuesten Development LLC President & CEO Rella Fogliano was joined recently by county and local officials at the groundbreaking of a new $100M, mixed-income housing development called 22 South West.

The mixed-use/mixed income project is immediately adjacent to the Mount Vernon West Metro-North Station and will feature 189 affordable housing units and 4,200 square feet of street level retail space. It will be designed to LEED Silver standards or greater.

“I’m proud to be leading this transformative project that will continue our company’s long tradition of investing in Mount Vernon,” said MacQuesten Development President & CEO Rella Fogliano. “22 South West Street will have it all: Four tiers of affordability and as short as 18 minutes from Manhattan! Along with our partners in the private and public sectors, we’re helping to prove that Mount Vernon’s best days are still in front of it.”

22 South West is central to the Mount Vernon Revitalization Plan, which is transforming the city’s downtown into a 24-hour, walkable community by mixing transit-oriented higher-density housing with retail and other commercial activity.

“It’s great to see Westchester County helping facilitate projects like this one again,” said Deputy County Executive Ken Jenkins. “This project really has it all: affordable housing that’s environmentally friendly and centrally located. This is the model for how Westchester should be growing and investing in its future.”

All 189 residential units in the 17-story building will be affordable to families making up to 110% of the Area Median Income (AMI). Of those, 131 of the units will be reserved for families making up to 60% of AMI. In addition, the building will include a number of significant amenities, including sweeping views of the Manhattan skyline for apartments on higher floors, a spacious outdoor terrace area on the 17th Floor with views of the NYC Skyline and Hudson River, beautifully furnished indoor lounge area on the 17th Floor, a fitness facility, and a spacious central laundry room on the 3rd Floor with a children’s playroom adjacent to it. All units include modern kitchens with dishwashers and microwaves as well as large walk-in closets.

“The revitalization of urban centers and downtowns such as Mount Vernon’s is essential for the prosperity of businesses and residents,” said Marsha Gordon, President and CEO of the Business Council of Westchester. “We applaud MacQuesten Development for breaking ground on what will be a beautiful and affordable addition to the local housing market for the city.”

By | 2018-07-12T18:36:43-04:00 July 12th, 2018|News|0 Comments

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