Real Estate

Tarrytown Station Area Project to Integrate with Village’s Revised Comprehensive Plan

Train station tarrytown village hall

by Robert Kimmel Rather than focusing primarily on the project investigating prospective developments within its train station area and waterfront, Tarrytown is broadening its perspective to include that task within a fully revised village-wide Comprehensive Plan. Tarrytown’s Board of Trustees’ recent action integrating the Station Area Study into the Comprehensive Plan was based partially on the fact that it has ... Read More »

East Parcel in Sleepy Hollow Moves Closer to Development

East Parcel Sleepy Hollow old GM plant

by Robert Kimmel The “East Parcel,” the 29-acre section of the former General Motors site set aside for use by the Village of Sleepy Hollow, is one important step closer to achieving its purpose. A mandatory environmental review process for the parcel was formally completed by the Sleepy Hollow Local Development Corporation, (SHLDC) at a public board meeting late last ... Read More »

A First Peek At Projected Greenburgh Property Tax Rates

taxes calculator office desk business government

By Barrett Seaman In the final week in March, Greenburgh Town Assessor Edye McCarthy told a gathering of local realtors that they could expect tax rates in the year ahead to run from 3.2% to 3.7% of assessed value. Irvington, she said, looked to have a rate of about 3.4%, Dobbs Ferry 3.7% and Edgemont 3.6%. Roughly translated, these would ... Read More »

Hudson Loft Brings an Urban Chic Space to the Rivertowns

Loft event spot in Irvington

by Barrett Seaman  For decades, the Irvington Education Foundation (IEF) has raised the lion’s share of the money it donates in the form of grants to supplement the village’s public school programs through a one-night winter gala with a live auction. In the past, these upscale events have ranged from dressy dinner dances at the Marriott on Route 119 to ... Read More »

Regeneron Buys Mount Pleasant Building for Expansion

Regeneron, a Tarrytown-based biopharmaceutical company, recently purchased the New York Life building in Mount Pleasant as it continues to expand. Reportedly, Regeneron paid $50 million for the 76-acre site, which is located on Rockwood Road near Phelps Memorial Hospital Center and Rockwood Hall park. Regeneron’s main campus is located in the Landmark at Eastview property at 777 Old Saw Mill ... Read More »

Homeowners Seek to Overcome Tax Shock from Reassessment

Tax Man Bill

by Barrett Seaman On November 7, the Greenburgh Assessor’s Office closed its books on the two-year process of revaluing properties in the township. At the end of the day, according to Assessor Edye McCarthy, some 3,200 homes had increases of more than 25%. Of those 1,100 applied for the three-year phase-in, of which 157 were denied for failure to meet ... Read More »

Ginsburg Marketing Luxury Rental Units in Nearby Ossining

by Rick Pezzullo About half of the 188 one and two-bedroom luxury rental apartments at Harbor Square in the Village of Ossining are still available two months after the $65 million complex on the Hudson River waterfront opened. Harbor Square marked the Westchester County debut of Ginsburg Development’s GDC Rentals brand of luxury resort-style properties, which launched last year with ... Read More »

Local Reassessment Moves into Its Final Phase

by Barrett Seaman Passed by the state Legislature, signed into law by Governor Cuomo and adopted by the Greenburgh Town Council, the three-year phase-in for homeowners saddled with more than a 25% increase in their assessments is now in effect, both in Greenburgh’s 10 taxing districts and in Ossining as well. Those who are likely to qualify are concentrated in ... Read More »

Greenburgh Moves to Repair Reassessment Damage

by Barrett Seaman Greenburgh Town Supervisor Paul Feiner’s efforts to mitigate the political damage and financial pain caused by a town-wide property reassessment this spring produced at least some payoff in June. Though some homeowners whose projected property taxes were bumped up by 30% or more in the initial valuations by Tyler Technologies won relief during the informal appeals phase ... Read More »

Deal Pending for Sale of Carrafiello Property in Irvington

by Barrett Seaman Little more than a month after the Brightview Corporation walked out of Irvington Village Hall, having abandoned a 22-month effort to win approval for a senior living facility on eight acres of North Broadway in Irvington, the property’s owner, Jerry Carrafiello, was set to sign an all-cash, no contingency deal to sell the land to another buyer. ... Read More »