Skip to Content
Author: The BCW

Leave a Comment

More Affordable Apartments Coming Soon to Yonkers

BCW Member Macquesten Development LLC is proposing to build a new 16-story multifamily residential building in Yonkers that would feature 160 apartments all of which would be priced in the affordable category.

Called The Parker, the project will be built at 632-636 S. Broadway, near the Yonkers border with Riverdale and Van Cortlandt Park.  It would feature eight studio apartments, 75 one-bedroom units, 57 two-bedroom units and 20 three-bedroom apartments. Amenities would include a fitness center and laundry facility. There would be 144 off-street parking spaces provided for residents.

MacQuesten has developed numerous commercial and residential projects in New York City and Westchester, including affordable housing and senior housing. The company is a member of the BCW’s Smart Development Coalition.

Also in Yonkers, the Yonkers Industrial Development Agency (YIDA) voted this week preliminary approval of financial incentives for a $56.8 million affordable housing project for low-income seniors. Located at 345 McLean Avenue, the 12-story residential building will feature 105 studio, one-and two-bedroom apartments for seniors 62 years of age and older whose income is at or below 60% of Westchester County’s Area Median Income (AMI).

Residents of the building will have access to a community room equipped with computers, a library, recreational space, property managers office, Supportive Housing office, laundry room and bike storage. The building will have 53 covered and uncovered parking spaces. The property is located on the east side of McLean Avenue, west of the Saw Mill River Parkway. It abuts Van Cortlandt Park in New York City to the south and a mix of residential and commercial properties to the north. The project is being developed by Verus Development, a subsidiary of Trinity Associates, LLC.

Similar News Items

Nuvance Health and Northwell Health, two nonprofit, mission-driven healthcare organizations, this week announced they have entered into a strategic agreement to form a new integrated regional health system serving communities across two states. The proposed agreement will allow the organizations to come together formally upon receipt of necessary regulatory approval. “This partnership opens a new […]

Read Article

In what is the largest donation made to any medical school in the nation, BCW Member Montefiore’s Albert Einstein College of Medicine announced this week a transformation gift from Ruth L. Gottesman, Ed.D., Chair of the Einstein Board of Trustees and Montefiore Health System board member. The historic gift, reported to be $1 billion, will […]

Read Article

In a recent letter to the editor published in Crain’s New York Business, BCW Executive Vice President John Ravitz passionately defended New York’s film and television tax credits. Responding to a critical study of the tax credit program, Ravitz highlighted the significant and ongoing benefits it brings to the state’s economy. Ravitz emphasized the pivotal […]

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