Skip to Content
Author: The BCW

Leave a Comment

BCW Member Ginsburg Development Celebrates Grand Opening of New Townhomes

In a major commitment to the revitalization of downtown Peekskill, Ginsburg Development Companies (GDC) today joined with Peekskill Mayor Andre K. Rainey and Deputy County Executive Ken Jenkins and other city and county officials to celebrate the Grand Opening of Gateway Townhomes.

Located at the “Gateway” to Peekskill at 700 Main Street, Gateway Townhomes is the first new construction in this area of Main Street in more than 65 years. The $5.2 million development features 16 rowhouse townhome-style condominiums with a selection of triplex three-bedroom homes. Fourteen of the townhomes will be sold at market rate prices, starting at $335,000. Two two-bedroom units will be offered as affordable workforce housing for those making up to 80% of the Westchester County Median Income.

“This wonderful new residential development will provide an attractive gateway to the City of Peekskill which is undergoing an exciting renaissance. We are particularly pleased to offer reasonably priced condominium living that is convenient to Downtown Peekskill and its many great restaurants and shops.  We look forward to continuing our commitment to Peekskill’s revitalization with the grand opening soon of our new Fort Hill Apartments development which is just up the road from this project,” said Martin Ginsburg, Principal of GDC.

Joining the grand opening ceremony were several county officials including Deputy County Executive Ken Jenkins, Deputy Director of Economic Development Bridget Gibbons, County Department of Planning Commissioner Norma Drummond and County Legislator John Testa. Westchester County assisted the City of Peekskill in purchasing the site prior to GDC’s involvement in the project.

With the completion of Gateway Townhomes, GDC is moving ahead with a grand opening in September of the first phase of Fort Hill Apartments at the Abbey Inn. Located on Fort Hill Road in Peekskill, the $64.5 million mixed-use project is transforming the former St. Mary’s convent property into a resort-style tourist destination featuring luxury rentals apartments as well as a spa, inn and restaurant.

Similar News Items

Congratulations to the Burn Center at Westchester Medical Center on being verified by the American Burn Association (ABA) as an Adult and Pediatric Burn Center. The verification was made after a rigorous and thorough review of Westchester Medical Center’s burn care program. With this verification, BCW Member Westchester Medical Center is now home to the […]

Read Article

In an expansion of its media portfolio, BCW Member Today Media has acquired Bethesda Magazine and the news site MoCo360 from Z-Pop Media. Today Media is a leading publisher of regional lifestyle magazines, business publications and websites across multiple markets including Westchester Magazine and 914INC. Rob Martinelli, CEO of Today Media, said Bethesda Magazine and […]

Read Article

CLICK HERE to watch the StarPower 1 Leadership Program – Information Session.

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top