Skip to Content
Author: The BCW

MacQuesten and Gov. Hochul Celebrate Start of Construction of Affordable Housing in Yonkers

From left, Westchester County Executive George Latimer, Yonkers Mayor Mike Spano, New York State Assembly Member Nader Sayegh, Gov. Kathy Hochul, New York State Senate Majority Leader Andrea Stewart-Cousins, MacQuesten Development CEO Rella Fogliano, MacQuesten Development Executive Vice President Joseph Apicella, New York State Homes and Community Renewal Commissioner Ruthanne Visnauskas and Greg Richards of Wells Fargo

Congratulations to BCW Member MacQuesten Development LLC on the groundbreaking for The St. Clair, a $60 million development featuring 78 affordable apartments and commercial space in downtown Yonkers.

Located at 34 Main Street, the development is a partnership with the State of New York’s Homes and Community Renewal Program, Westchester County and the City of Yonkers. The project is an example of New York State’s efforts to expand housing and transit-oriented development opportunities near MTA transit hubs. In addition, the development will be highly energy-efficient, all electric and part of the State’s Clean Energy Initiative.

MacQuesten Development CEO Rella Fogliano was joined at the Wednesday event by Governor Kathy Hochul, Yonkers Mayor Mike Spano, Yonkers City Council Member Shanae Williams, Westchester County Executive George Latimer, New York State Senate Majority Leader Andrea Stewart-Cousins, New York State Assembly Members Gary Pretlow and Nader Sayegh. Commissioner Ruthanne Visnauskas of New York State Homes and Community Renewal, as well as members of the Wells Fargo financing team also participated.

“I am grateful that MacQuesten Development was given another opportunity to partner with the State of New York, Westchester County, and the City of Yonkers on this significant affordable housing development,” said Fogliano. “This project is the quintessential example of how public /private partnerships serve to strengthen the fabric of a community. I am also very proud of how MacQuesten has been a leader in transit-oriented development, clean energy initiatives and the use of renewables in our developments.”

“Yonkers continues to lead Westchester County in providing quality, low market rate housing that is equitable and inclusive,” stated Yonkers Mayor Mike Spano. “Thanks to the support of our federal and local partners, St. Clair adds to our growing housing stock with modern, accessible and sustainable amenities servicing our growing city. We look forward to welcoming new residents to our waterfront.”

The building will dedicate thousands of square feet on the first floor for commercial spaces. The building will include nine residential floors encompassing 12 studios, 36 one-bedroom units, 23 two-bedroom units, and 5 three-bedroom units. The construction will also include a parking structure designed to accommodate the parking needs of residents and shoppers, further enhancing the accessibility and convenience of the development.

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.

JOIN NOW!
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