Skip to Content
Author: The BCW

Wilder Balter Partners Opens Peekskill Affordable Housing

BCW member Wilder Balter Partners celebrated the opening of its new, 82-unit affordable housing development in Peekskill on Monday.

The Chappaqua-based developer partnered with the Housing Action Council for the $51 million rental apartments project that will be accessible to households earning from 40% to 80% of the county’s Area Median Income (AMI). According to the U.S. Department of Housing and Urban Development, Westchester County’s AMI for 2023 is $102,800 for a single person and $132,150 for a family of three.

William Balter, president of Wilder Balter Partners, told the Westchester County Business Journal that the project brings “much-needed affordable housing for families in upper Westchester that can benefit from a home within walking distance to Peekskill’s vibrant downtown and Metro-North’s train station.”

The building at 645 Main Street is energy efficient and has rooftop solar panels. The unit mix is 18 one-bedrooms, 50 two-bedrooms and 14 three-bedrooms. The property’s garage is under the apartments and contains 140 spaces with 30 electric vehicle charging stations.

Residential amenities include a community room, rooftop courtyard, lounge spaces, a fitness center, a laundry room, and an onsite management office.

Besides providing urgently needed affordable housing, the development also reclaimed contaminated land that was remediated under New York’s brownfields-cleanup program.

Similar News Items

In a big boost for the City of Yonkers, the owners of Ridge Hill held a groundbreaking this week for the launch of a major redevelopment plan. “It’s good to see a company like North American Properties that has the ability to run shopping centers with the success they’ve had in this changing retail market,” […]

Read Article

More than 400 of the Hudson Valley’s Non-Profit Leaders met at the United Way of Westchester and Putnam’s 22nd Annual NonProfit Leadership Summit to learn from national experts on how to fashion their organizations into nonprofits for the future. Making the most of opportunities and being prepared to capitalize on them is one of the […]

Read Article

The Business Council of Westchester is expanding their communications platform by launching the BCW Podcast Network, a new audio destination for business professionals. The BCW Podcast Network debuted this week with inaugural episodes of six empowering shows, covering a wide range of topics and genres that are trending in the business community. Starting in May, additional […]

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