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 letter sent to Gov. Kathy Hochul this week, the Business Council of Westchester joined with more than 40 other organizations representing the full spectrum of New York’s economy, business, labor, industry and municipalities in support of a long-term, adequately funded NYSDOT capital program that ensures the safety and efficiency of roads, bridges, and […]
The iconic phrase “lights, camera, action” is often associated with films shot in Hollywood studios or perhaps with actors featured against a backdrop of the Manhattan skyline. But Westchester County is starting to get its fair share of film production thanks to efforts from County Executive George Latimer and Westchester County Tourism & Film (WCTF). […]
BCW Westchester Innovation Network participant Laronix was a panelist at an overview of Westchester’s life science community on Tuesday. Laronix’s COO, Mousa Ahmadi, discussed how his company’s MIRA Voice device is using artificial intelligence to help people with spinal cord injuries, cerebral palsy and other conditions regain the ability to speak clearly. Laronix is currently […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!