GDC and Yonkers Officials Celebrate ‘Topping Off’ of [email protected], 55-Unit Luxury Apartment Complex

Attending the topping off ceremony were, from left, Yonkers Mayor Mike Spano; State Senator Andrea Stewart-Cousins; GDC President Martin Ginsburg; Chuck Lesnick, representing Gov. Andrew Cuomo; and Yonkers Councilman Michael Sabatino

 

YONKERS, NY (November 15, 2017) – Ginsburg Development Companies (GDC) today joined with Yonkers Mayor Mike Spano along with other city officials and dignitaries to celebrate the “topping off” of [email protected], a new boutique luxury rental apartment building in the Greystone neighborhood of Yonkers.

The topping off, which marks the completion of the final floor and roof of the building, was celebrated with the raising of an American flag atop the 3-story building.

Located at 1177 Warburton Avenue just a block north of GDC’s River Tides at Greystone rental complex, [email protected] features 55 spaciously designed apartments with 10-foot ceiling heights, oversized windows and wide plank flooring. Kitchens feature Euro-style cabinetry, porcelain tile backsplash, quartz countertops and stainless steel appliances. Designer baths come with modern vanity, Kohler fixtures, ceramic wall tiles and porcelain floor tiles. Most apartments have bay windows and/or balconies with stunning views of the Hudson River and Palisades. The one-bedroom apartments range in size from 715 square feet for a 1-bedroom, 1.5 bath unit to 1,245 square feet for a 3-bedroom, 2 bath unit. Monthly rents range from $2150 to $3995 and occupancy is scheduled for May 1st.

Amenities at [email protected] include a Club Room for private parties and building sponsored events with complimentary WiFi; Fitness Center with available personal trainers; and a sundeck overlooking the Hudson River and Palisades. A fully enclosed indoor parking garage includes electric charging spaces and bike racks. Residents also have full membership privileges to the Resort-Class amenities at nearby River Tides at Greystone including outdoor pool, BBQ pavilion, a spectacular spa with licensed massage therapists, yoga and exercise classes.

Just a quick walk to the Greystone Metro-North Train Station, [email protected] offers easy access to Manhattan with Grand Central Station only a 32-minute commute by Metro-North train. It is also a 5-minute drive to the shops and restaurants in the Village of Hastings-on-Hudson.

“We are excited to reach this milestone event which signals that this great new addition to the Greystone neighborhood is rapidly nearing completion. Together with River Tides, 1177 will firmly establish the Greystone area of Yonkers as one of the prime luxury apartment living destinations in Westchester County,” said GDC Principal Martin Ginsburg.

[email protected] can now be added to the growing list of transit-oriented developments that are part of the great revitalization efforts we see here along the Yonkers waterfront,” said Yonkers Mayor Mike Spano. “Developers like Ginsburg have the vision to repurpose deteriorating properties into resort-style homes and reclaim our beautiful Hudson River views.”

[email protected] is the latest luxury rental development by GDC in the Hudson Valley corridor. GDC recently completed the first of two towers at River Tides at Greystone, a 330-unit luxury rental located one block south of [email protected]. Other completed GDC projects include Harbor Square in Ossining, The Lofts on Saw Mill River in Hastings-on-Hudson and Harbors-at-Haverstraw in Rockland County.

GDC is currently developing two major projects in Peekskill — Fort Hill Apartments at the Abbey Inn, a $64.5 million mixed-use project that will transform the former St. Mary’s convent property into a resort-style tourist destination featuring luxury rentals apartments as well as a spa, inn and restaurant; and Gateway Townhomes, a new development on Main Street at the gateway to Peekskill featuring 16 rowhouse townhome-style condominiums.

Earlier this year, GDC purchased a 124-unit, 12-story luxury rental building near the White Plains Metro-North Train station. The property has been rebranded as The Metro and is undergoing renovations including a new lobby.

 

About Ginsburg Development Companies

Founded in 1964 by principal Martin Ginsburg, Ginsburg Development Companies (GDC) is a premier residential developer in the northern suburbs of New York City. With 50 years of experience and market leadership, GDC has built many of the region’s most successful and prestigious luxury developments, many with a Hudson River and/or transit-friendly focus, including Harbors at Haverstraw, Livingston Ridge in Dobbs Ferry, Ichabod’s Landing in Sleepy Hollow, Mystic Pointe in Ossining, Marbury Corners in Pelham and Christie Place in Scarsdale. GDC’s developments have won numerous design and community planning awards. In addition, GDC owns and manages a portfolio of commercial properties, located primarily in Westchester County, NY.

GDC Joins with Peekskill Officials in Groundbreaking for New Townhomes

From left to right: Joseph Dziegelewski, Senior Vice President, Ginsburg Development Companies; Peekskill Council Member Kathleen Talbot; Kevin Marrinan, Director of Development, Ginsburg Development Companies; Kevin Plunkett, Deputy Westchester County Executive; Martin Ginsburg, Principal, Ginsburg Development Companies; Peekskill Mayor Frank Catalina; Richard Leins, City Manager; Westchester County Legislator John Testa; Peekskill Council Member Joseph Torres; New York State Assembly Member Sandy Galef.

 

Gateway Townhomes to Feature 16 Rowhouse Condominiums Priced to Start at $275,000

PEEKSKILL, NY (September 19, 2017) – Continuing a commitment to the revitalization of Peekskill, Ginsburg Development Companies (GDC) Principal Martin Ginsburg joined with Peekskill Mayor Frank Catalina and other city officials and dignitaries on September 14 for a groundbreaking ceremony to mark the start of construction of Gateway Townhomes.

Located at 700 Main Street at the gateway to the city from Route 9, Gateway Townhomes features 16 rowhouse townhome-style condominiums with a selection of triplex two- and three-bedroom homes ranging in size from 1,649 square feet to 1,915 square feet. The first floor of each townhome will feature an entrance hall, home office/guest room and a two-car garage. The second floor will consist of the living and dining rooms with a large eat-in kitchen, with the top floor featuring two or three bedrooms.

Fourteen of the townhomes will be sold at market rate prices, starting at $275,000 and two units will be offered as affordable workforce housing for those making up to 80% of the Westchester County Median Income, with a sales price of approximately $240,000.

The City of Peekskill asked GDC to develop the former municipally-owned site as a for-sale homeownership project when GDC began the approval process for its Fort Hill Apartments luxury rental community located nearby.

“We recognized the importance of this site as a gateway to the City of Peekskill and its downtown and was happy to make this neighborhood townhome development part of our holistic commitment and investment in the city,” said Ginsburg. “We are pleased to offer GDC quality townhomes at prices that are very reasonable for new construction condominiums in Westchester County, ideal for both first-time homebuyers and empty-nesters looking to downsize who want to enjoy the convenience of downtown living,” he added.

“Thanks to Ginsburg Development Companies and everyone who has made this project a reality” said County Executive Robert P. Astorino. “The continued revitalization of Peekskill and developments like these being built all over Westchester proves over and over again that our county is a top tier location to live, work, go to school, and raise a family.”

“I cannot express my joy and excitement at the commencement of this project. It represents the first new construction in this area of Main Street in over 65 years. We thank Martin Ginsburg and the Ginsburg Development Corp. for staying in Peekskill and accepting this challenging project. He is a true visionary who is changing the face of Peekskill forever and we thank him,” said Peekskill Mayor Frank Catalina.

“Thanks to Ginsburg Development Companies and everyone who has made this project a reality” said County Executive Robert P. Astorino. “The continued revitalization of Peekskill and developments like these being built all over Westchester proves over and over again that our county is a top tier location to live, work, go to school, and raise a family.”

The townhomes, which are located within an easy walk to downtown restaurants and shops, will share a shuttle bus to the Peekskill Metro-North Station with GDC’s Fort Hill development. Sales are expected to begin in the Summer of 2018. For more information visit gdchomes.com.

GDC and Haverstraw Officials Celebrate Completion of Waterfront Promenade Park

From left, GDC Principal Martin Ginsburg and Haverstraw Village Mayor Michael Kohut

 

New Half-Mile Long Park Features Monumental Sculptures and Spectacular Hudson River Views

HAVERSTRAW, NY (July 27, 2015) – Ginsburg Development Companies (GDC) and Haverstraw village officials today celebrated the completion of the final phase of the new Haverstraw Waterfront Promenade Park, a half-mile long village park adjacent to GDC’s Harbors-at-Haverstraw residential development.

Martin Ginsburg, Principal of GDC, turned over a symbolic key to Haverstraw Village Mayor Michael Kohut in a ceremony at the waterfront park. GDC agreed to build a park for the village as part of the Harbors-at-Haverstraw project. Development cost of the new park was $4.5 million.

A new and final permanent sculpture for the park was also dedicated at the event. Named “The Sentinel,” the 34-foot tall red and blue steel sculpture features 7-foot wide steel discs and is topped by a brass sphere. The sculpture was designed by Mr. Ginsburg, GDC Chief Architect Leoncio Torres and sculpture fabricator Mike Fasciano.

The new sculpture joins two other concrete and steel sculptures by renowned sculptor Peter Lundberg and Swedish sculptor Claes Hake. In addition to the new park, the Harbors development also features the Esperanza Fountain, a lagoon with kayak launch and a bridge over the lagoon.

“Today marks another milestone for this innovative development that has transformed a former industrial property into a thriving residential community with spectacular views of the Hudson River. We are particularly pleased to complete this new promenade park where everyone can enjoy the beauty and grandeur of the Hudson as well as world-class sculpture,” said Mr. Ginsburg.

“The Village of Haverstraw welcomes the addition of this portion of Harbors’ Promenade,” said Haverstraw Mayor Michael Kohut. “It completes a picturesque vista on the Hudson shoreline unmatched on either side of the river and moves the promise of miles of public waterfront access closer to reality. I invite all the public to enjoy this park and its access to the beautiful Hudson River.”

“The completion of the Haverstraw Waterfront Promenade Park is a great addition to historic Haverstraw, where the views of the Hudson River are unprecedented and where such a beautiful waterfront park promotes our community throughout the region,” said Haverstraw Town Supervisor Howard T. Phillips, Jr.

The completion of the Haverstraw Waterfront Promenade Park closely follows the grand opening last month of Riverside at Harbors-at-Haverstraw, a new resort-style luxury rental apartment residence located directly on the banks of the Hudson River. Riverside, which is the next phase of Harbors-at-Haverstraw, features 106 spaciously designed studio, 1-, 2- and 3-bedroom apartments.

Creating attractive public spaces with monumental sculpture along the Hudson River has become a hallmark of Mr. Ginsburg’s developments. Last month, GDC installed a towering 42-foot tall sculpture by Peter Lundberg at Harbor Square, a new luxury rental complex that GDC is building on the Ossining waterfront. The sculpture is the centerpiece of a new waterfront park and promenade that GDC is building as part of the Harbor Square complex. Dedication of the new park and promenade is scheduled for September.

Mr. Ginsburg, who has long been an advocate of promoting tourism along the Hudson River, envisions a sculpture trail along other rivertown waterfronts from New York City to Albany and combining with Dia Art Foundation in Beacon and Storm King Art Center in New Windsor to create the largest outdoor museum in the world.

GDC, which last year launched its GDC Rentals brand of luxury rentals, currently has three other resort-style luxury rental projects under construction in the Hudson Valley. They include Harbor Square, a 188-unit luxury rental development on the Ossining waterfront; River Tides at Greystone, a 330-unit luxury rental complex overlooking the Hudson in Yonkers; and The Lofts on Saw Mill River, 66 loft-style rental apartments in the Village of Hastings-on-Hudson. GDC recently announced plans to transform the former St. Mary’s Convent property in Peekskill into a resort-style tourist destination that would feature a spa, inn, restaurant, 177 luxury apartments and 20 townhomes as well as 50 acres of woodlands and trails to Fort Hill Park. In Yonkers, GDC has unveiled plans for a 55-unit luxury apartment building in the Greystone neighborhood of Yonkers.