$100 Million Development in Yonkers is GDC’s Third Major Luxury Rental to Open in Westchester in Less Than a Year

YONKERS, NY (May 16, 2017) – Continuing the momentum as the region’s leading developer of resort-style luxury rentals, Ginsburg Development Companies (GDC) today joined with Yonkers Mayor Mike Spano along with other City, County and State officials to celebrate the grand opening of River Tides at Greystone. The new 330-unit luxury rental building features resort-class amenities and spectacular views of the Hudson River and Palisades. The $100 million project is GDC’s third major luxury rental development to open in Westchester in less than a year.

“When we broke ground for River Tides at Greystone nearly three years ago, it marked the launch of our new GDC Rentals brand of luxury rental apartment buildings. Since then we have opened luxury rentals in Ossining, Hastings-on-Hudson, Haverstraw and now Yonkers as well as acquired a rental property in downtown White Plains for a total of 814 rental units. And there’s more on the way. This fall, we will be opening a new 55-unit luxury rental apartment building located just up the road in the Greystone neighborhood called [email protected],” said Martin Ginsburg, Principal of GDC.

“As with our other recently completed rental communities, River Tides at Greystone sets a new standard of excellence with high quality design, finishes and amenities unlike anything seen before in today’s luxury rental market. Every day residents will feel like they are coming home to vacation” he added.

“River Tides is the new definition of luxury living in Yonkers,” said Yonkers Mayor Mike Spano. “Developments like this are popping up on our waterfront — providing the convenience of public transportation, along with the tranquility and beauty of living along the Hudson River. Thank you to Ginsburg Development Companies for their commitment and vision to help make Yonkers a better place to live, work and play.”

“The opening of the River Tides at Greystone is great news as Westchester continues to develop as an accessible place to live,” said Westchester County Executive Robert P. Astorino. “Located just a 32-minute train ride to Manhattan, the River Tides at Greystone makes Westchester even more attractive as a place where residents can live, work and play.”

Located in a quiet residential neighborhood on Warburton Avenue near the Hastings-on-Hudson city line, River Tides at Greystone features a mix of studio, 1-bedroom, 2-bedroom and 3-bedroom units, many with spectacular river views. The apartments feature stainless steel appliances, Euro-style cabinetry, stone countertops, bay windows and terraces. Monthly rents start from $1,925 for a studio, $2,425 for a one bedroom, $2995 for a two bedroom and go up to $6,000 for a corner penthouse apartment.

Luxury amenities at Rivers Tides at Greystone include 24 hour front desk concierge service, elegant two-story lobby, club lounge; fitness center with available personal trainers and yoga classes, a unique and inspiring spa center with licensed massage therapists; and a spectacular resort-style swimming pool and deck with cabana seating, an indoor “café” with a demonstration kitchen and an all weather barbeque shelter with seven barbeque stations, a kiddie playground and outdoor firepit lounge. As a transit oriented development, River Tides at Greystone has a direct walkway to the Greystone Metro-North platform, which is just a 30-minute commute to Grand Central.

River Tides at Greystone is the latest GDC luxury rental development to open in Westchester. The company’s other developments include 188-unit Harbor Square on the Ossining waterfront; 66-unit The Lofts on Saw Mill River in Hastings-on-Hudson, and The Metro, a 124-unit,building in downtown White Plains.

GDC will soon break ground on Fort Hill, a mixed-use development in Peekskill that will feature the Abbey Inn and Restaurant, as well as a spa, luxury rentals apartments and the Gateway Townhomes. The project is located on the former St. Mary’s Convent property overlooking the Hudson River and will have direct access to over 60 acres of woodland trails.

 

For more information about River Tides at Greystone and other GDCRentals, please visit www.gdcrentals.com.