by Dean

GDC Unveils Newly Renovated Lobby and New Sculpture at The Metro, a Luxury Rental Building in Downtown White Plains

Attending the opening of the newly renovated lobby with sculpture at The Metro luxury rental building in downtown White Plains, were, from left, Martin Ginsburg, Irene Ginsburg, sculptor Eric David Laxman and White Plains Mayor Tom Roach

 

WHITE PLAINS, NY (November 2017) – Ginsburg Development Companies (GDC), the area’s leading developer of resort-style rental apartments, joined with White Plains officials to unveil the newly renovated lobby and sculpture at The Metro, a residential rental property in downtown White Plains.

Located at 34 South Lexington Avenue just a short walk to the White Plains Metro-North train station, the 124-unit, 12-story building was purchased by GDC earlier this year and rebranded as The Metro. As part of the rebranding of the property, GDC is making significant upgrades to the building starting with the new lobby.

The renovated lobby features new furniture, wall tiles, lighting and artwork – as well as a new entrance canopy on the building’s exterior. The lobby also features a modern sculpture by Rockland County artist Eric David Laxman whose works are displayed in public spaces throughout the Hudson Valley including many of GDC’s projects such as Harbor Square in Ossining and River Tides at Greystone in Yonkers. More than $100,000 was invested in the lobby renovations.

Over the course of the next year, GDC will continue to improve and upgrade the various amenities, including the club lounge, business center and roof deck. Other amenities include concierge service; Starbucks coffee station; state-of-the-art fitness center and outdoor patio sundeck. Beginning December 1, GDC will handle property management of the building. And like all GDC rentals, The Metro is pet friendly and smoke free.

“We are thrilled to unveil our newly renovated lobby at The Metro featuring a first-class sculpture created by Eric David Laxman whose magnificent works grace many of our residential developments. Public art is more than just a decorative feature. It creates a sense of place for our residential communities and enhances the quality of life of our residents,” said Martin Ginsburg, Principal of GDC, speaking at the grand opening held November 27. “We are very pleased with our first entry into downtown White Plains and look forward to expanding our presence in this important urban market in the future,” he added. Attending the event was White Plains Mayor Tom Roach.

The 7-foot tall sculpture called Bird of Paradise is created from steel, bronze and stainless steel. According to the artist, the sculpture is intended to evoke a bird in flight, ascending gracefully and defying gravity. “The form is also inspired by the organic, elegant curves of the Bird of Paradise Flower. It suggests growth, vitality and the life force,” said Laxman.

The Metro, which is GDC’s first luxury rental property in downtown White Plains, is the company’s fourth transit oriented development in Westchester County. Others include Harbor Square in Ossining, River Tides at Greystone in Yonkers and [email protected] in Yonkers.

The Metro’s studio, 1- and 2-bedroom apartments feature designer kitchens with espresso cabinets, and granite countertops and stainless steel appliances; large windows with wood blinds; wood floors in living areas with premium carpet in bedrooms; porcelain tiled showers and baths and balconies in select apartments.

in The Metro
 by Dean

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.

in Uncategorized
 by Dean

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.

in Uncategorized
 by Dean

GDC Breaks Ground on $64.5 Million Project to Transform Former Convent Site in Peekskill into Tourist Destination with Luxury Rentals, Townhomes, Inn, Spa, Restaurant and Parkland

Fort Hill Apartments at the Abbey Inn is GDC’s Latest Resort-Style Luxury Rental Project in the Hudson Valley

 

PEEKSKILL, NY (June 2017) – Ginsburg Development Companies, the Hudson Valley region’s leading developer of resort-style luxury rentals, today joined with Peekskill and Westchester County officials on June 13 to break ground on 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.

Called Fort Hill Apartments at the Abbey Inn, the project will feature 178 luxury one-, two- and three-bedroom rental apartments in three 5-story buildings arranged in a quad around a wooded knoll. Located on the newly dedicated Fort Hill Road at John Street, the new buildings would complement the existing stone-and-brick structures, which were designed by prominent architects of the 1800s. Amenities will include a fitness center, club room and outdoor pool. Some of the apartments will have Hudson River views.

The development will also include the Abbey Inn, a 42-room hotel with restaurant and spa located in the former St. Mary’s Convent building. The restaurant will feature outdoor dining with Hudson River views. The Chapel will become a special place for gatherings and events. Leasing is expected to begin in the spring of 2018.

The development will be enhanced by GDC’s donation of 52 acres to expand the historic Fort Hill Park which will feature a variety of existing and new hiking trails. The public park will include new features including an observation deck with breathtaking views of the Hudson River.

“Fort Hill will become an important tourist destination in the Hudson Valley, attracting people from New York City and throughout the tri-state region,” said Martin Ginsburg, Founder and Principal of GDC. “Fort Hill Apartments at the Abbey Inn will offer a unique residential experience fully integrated into a destination inn and spa resort. Peekskill is being discovered as a unique historical rivertown with an influx of restaurants and art centric venues. Fort Hill and the Abbey will add an exclamation point, ” he added.

Ginsburg noted that development of Fort Hill will include preserving existing historical architecture on the site while combining it with new architecture and hiking trails as well as a first-class restaurant. “This is a very exciting project for our company. We are creating something very special and unique to this market. We anticipate the same strong demand that we have experienced at our Harbor Square development in Ossining, which is now over 90% leased” he said.

“The City of Peekskill has been working diligently with Martin Ginsburg and GDC for quite some time to develop a first rate, high quality complex on Fort Hill. The City is thrilled that this project is coming to fruition in 2017, and we are confident that it will highlight Peekskill as the premier ‘go-to’ destination in the Hudson Valley,” said Peekskill Mayor Frank Catalina.

“Congratulations Ginsburg Development Companies on the start of another great property here in Westchester,” said Westchester County Executive Robert P. Astorino. “The Fort Hill Apartments at the Abbey Inn will not only attract more visitors, but the region’s best and brightest to call Westchester home.”

GDC has emerged as the most active residential developer of luxury rentals in the region north of New York City. In the past 12 months, GDC has opened four major luxury rental projects in Westchester County – 330-unit River Tides at Greystone in Yonkers; 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 rental building in downtown White Plains. GDC is completing construction of [email protected], a new 55-unit luxury rental apartment building located in the Greystone neighborhood of Yonkers. GDC is also the developer of the Riverside at Harbors-at-Haverstraw, a 106-unit luxury rental building in Rockland County that opened two years ago.

in Fort Hill
 by Dean

GDC Celebrates the Grand Opening of 3 Westerly Bar & Grill, a New Waterfront Restaurant at Harbor Square in Ossining

 

OSSINING, NY (June 1, 2017) – Ginsburg Development Companies (GDC) today joined with County and Village officials to celebrate the grand opening of 3 Westerly Bar & Grill, a new nautical-themed restaurant located at the Harbor Square luxury rental complex on the Ossining waterfront.

“Today’s grand opening of 3 Westerly Bar & Grill represents the final stage of our Harbor Square development which has transformed a former industrial site into a thriving mixed-use residential community with a public park and riverfront promenade. With the addition of this exciting new restaurant, people can enjoy first-class cuisine while experiencing the timeless beauty of the Hudson River,” said GDC Founder and Principal Martin Ginsburg.

“Surrounded by a beautiful park, right at the Metro North station, and with the world’s most glorious sunsets — 3 Westerly has picked a winning location! We are thrilled to welcome this new business to the Ossining waterfront,” said Victoria Gearity, Mayor of the Village of Ossining.

 

“Westchester County and its Industrial Development Agency are proud to have partnered with Ginsburg Development Companies on the Harbor Square project,” said Westchester County Executive Robert P. Astorino. “Now complete, Harbor Square’s innovative development is an attractive community for families, empty nesters and millennials alike, looking to move or stay right here in Westchester. Congratulations to Martin Ginsburg and the GDC team on this milestone.”

Housed within a distinctive free-standing lighthouse, 3 Westerly Bar & Grill features a variety of indoor/outdoor dining options — all of which offer stunning panoramic views of the scenic Hudson River waterfront. Under the direction of award-winning Executive Chef Dmitri Petriakov, formerly the Executive Chef at B.L.T. Prime in New York City, 3 Westerly Bar & Grill offers a wide array of dining options with a pronounced seafood emphasis.

A dramatic main dining area, which seats up to 100, houses exposed I-beam light pendants hanging over the main dining area, while the banquet seating is illuminated by the rugged elegance of steampunk lighting. The elegant main bar features a black granite bar surface and raised-booth seating with walls adorned with HD TVs, where up to 75 people can comfortably stop in to watch the big game or enjoy a quiet drink after work.

A full-service outdoor beer garden & sunset terrace, is capable of entertaining up to 125 guests, while the sunset terrace on the west side has lounge sofas with arm chairs and dining tables under an elaborate trellis ceiling design. The restaurant’s garden deck on the mezzanine level takes full advantage of the breathtaking Hudson River vista. There is also a private dining room lit by distinctive nautical rope chandeliers that seats up to 75 guests and is perfect for special events or meetings.

The 300-seat restaurant is operated by Jeremy Casilli, an innovative restaurateur whose other venues include TriBeCa’s AOA Bar and Grill, Pier 115 in Edgewater, N.J., and Soho and Tribeca Grand Hotels.

“After much anticipation, we are thrilled to bring this project to fruition and open our doors to the Ossining residents and the Westchester community. 3 Westerly Bar and Grill will be an iconic destination for people seeking a nautical indulgence. We have worked diligently to create a universal hub for all types of guests. We look forward to sharing our breathtaking views of the Hudson River while dining under our free standing light house structure,” said Casilli.

The grand opening of 3 Westerly Bar & Grill represents the completion of Harbor Square, a $65 million mixed-use luxury rental complex featuring 188 luxury rental apartments, a new public park with children’s playground, waterfront promenade with monumental sculptures and a dock that serves the NY Waterway Haverstraw-to-Ossining commuter ferry. Located across from the Ossining Metro North station, Harbor Square has a mix of studios and 1-, 2- and 3-bedroom apartments, many with balconies with breathtaking views of the Hudson River. Resort-style amenities include full service concierge, rooftop club lounge; rooftop pool and deck with cabana seating, BBQ stations and outdoor bar with TV; first-class spa and fitness center offering available personal trainers and spa treatments.

 

For further information about 3 Westerly Bar & Grill visit www.3westerly.com. For more information about Harbor Square and other GDC Rentals properties visit www.gdcrentals.com or call the Harbor Square Leasing Center at 914-945-0008

in Harbor Square
 by Dean

GDC Celebrates Grand Opening of River Tides at Greystone, a New Luxury Rental Building Featuring Resort-Class Amenities and Spectacular River Views

 

$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.

in River Tides
 by Dean

GDC Celebrates Entry into White Plains with Debut of The Metro, a Luxury Rental Located Just Steps from White Plains Train Station

WHITE PLAINS, NY (March 20, 2017) – Ginsburg Development Companies (GDC), the area’s leading developer of luxury rental apartments, joined with White Plains officials today to celebrate the debut of GDC’s first residential rental property in downtown White Plains. The 124-unit, 12-story building, formerly known as Halstead White Plains, was recently purchased from DSF Group for $35.25 million and is being rebranded as The Metro by GDC.

“These are exciting times for downtown White Plains which is undergoing a dynamic transformation with several major residential and retail projects under way. GDC is delighted to be part of the excitement with the debut of The Metro,” said Martin Ginsburg, Principal and Founder of GDC. “Transit oriented developments, such as The Metro, are a driving force in today’s multi-family market especially with Millennials. With its easy access to Manhattan and vibrant retail and restaurant scene, White Plains has all the ingredients for continued economic growth,” he added.

“We are seeing tremendous investment in our city and Ginsburg Development’s investment in 34 South Lexington Avenue is an important part of that. This property is in the heart of the White Plains Transit District, an area for which we have recently completed extensive study and which we will soon begin to address short and long term improvements,” said White Plains Mayor Thomas Roach. “Like us, Ginsburg Development clearly recognizes the potential of the Transit District as an integral node of our downtown and the importance of White Plains as a regional business, retail, and entertainment hub. I welcome their investment in our city and look forward to working with them,” he added.

The Metro becomes GDC’s fourth luxury rental building and its first acquisition that is located with easy access to Metro-North train service. Last year, GDC completed Harbor Square, a 188-unit luxury rental located on the Hudson and next to the Ossining train station. Harbor Square features a public park, waterfront promenade and restaurant. The new restaurant is scheduled to open next month.

In Yonkers, GDC is currently completing the construction of River Tides at Greystone, a 330-unit luxury rental in Yonkers overlooking the Hudson River and Palisades. The project features a direct walkway to the nearby Greystone Metro-North train station. GDC is also building 1[email protected], a 55-unit luxury rental apartment building located one block north of River Tides with similar easy access to the Greystone train station.

in The Metro
 by Dean

GDC Plans to Transform Former Convent Site in Peekskill into Tourist Destination with Spa, Inn, Restaurant, Apartments and Townhomes

$50 Million Plan is 5th New Development for GDC in the Hudson Valley

PEEKSKILL, NY (June 2015) – Building on the momentum of the launch its GDC Rentals brand, Ginsburg Development Companies (GDC) has announced plans to transform the former St. Mary’s Convent property overlooking the Hudson River in Peekskill into a resort-style tourist destination that would feature a spa, inn and restaurant as well as 178 luxury rentals apartments and 20 townhomes.

Called Fort Hill, the $50 million project would convert the existing convent into a spa, restaurant and inn. The apartments would be located in three buildings arranged in a quad around a wooded knoll. The new buildings, up to five stories high, would complement the existing stone-and-brick structures, which were designed by prominent architects of the 1800s.

The 20 townhomes would be built along Main Street between Spring and Hadden streets. Garages for the homes would face an interior court, so that the buildings present attractive facades to the streets. The restaurant would feature outdoor dining with river views. Fort Hill Park will be enhanced by the donation of over 50 acres and will feature a variety of hiking trails. They will be enhanced and extended with new features that could include a lookout tower with breathtaking views of the Hudson River.

“People have been talking about tourism for years, but nobody is creating destinations. Nobody is creating the places that people will want to stay while they enjoy the beauty and history of Historic Peekskill with its many attractions,” Ginsburg said. “This will be the type of destination we need in the Hudson Valley. People will come from New York City and even farther away. And while they’re staying here, they’ll visit other areas nearby,” said Martin Ginsberg, Principal of GDC. “We plan to preserve the existing historical architecture on the site and to combine it with new architecture and trails to create a very special inn and a unique destination for the Hudson River Valley,” he added. GDC’s plan was presented to the Peekskill Common Council on June 15.

The Fort Hill project is GDC’s latest residential project in the Hudson Valley. Earlier this month, in Rockland County, GDC opened Riverside at Harbors-at-Haverstraw, a 106-unit luxury rental building on the Hudson River. In May, Ginsburg broke ground on The Lofts on Saw Mill River, a $34.9-million development of 66 loft-style rental apartments in the Village of Hastings-on-Hudson. Last year, GDC began construction of Harbor Square, a 188-unit luxury rental development on the Ossining waterfront, and River Tides at Greystone, a 330-unit luxury rental complex overlooking the Hudson in Yonkers.

in Fort Hill
 by Dean

GDC and Yonkers Officials Celebrate ‘Topping Off’ of River Tides at Greystone

From left, Yonkers Mayor Mike Spano; GDC Principal Martin Ginsburg and Yonkers City Council President Liam McLaughlin

 

YONKERS, NY (November 2, 2016) – Ginsburg Development Companies (GDC) today joined with Yonkers Mayor Mike Spano along with other city officials and dignitaries to celebrate the “topping off” of River Tides at Greystone, a new 330-unit luxury rental building featuring resort-class amenities and spectacular views of the Hudson River and Palisades.

The topping off, which marks the completion of the final floor and roof of the north tower, was celebrated with the raising of a giant American flag along the side of the 10-story building. Joining in the festivities were more than 100 construction workers who are working on the $100 million project.

“Today’s ceremony is yet another milestone for the GDC Rentals brand of luxury rentals with resort-style amenities, which we launched just two years ago with the groundbreaking of this project. Since then we have successfully completed luxury rental communities in Haverstraw, Ossining and Hastings-on-Hudson. And another GDC rental is under construction just a block north of this property,” said GDC Principal Martin Ginsburg. “Returning home to River Tides will feel like coming home to vacation every day, fully delivering on the GDC Rentals brand promise,” he added.

“Today we place the finishing touches at River Tides, a project that will certainly establish Greystone as one of the premier apartment neighborhoods in Yonkers and Westchester,” said Yonkers Mayor Mike Spano. “I applaud Ginsburg Development Companies for its unwavering commitment and investment in Yonkers and look forward to the ribbon cutting!”

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 range from $1,495 for a studio to $4,995 for a corner penthouse apartment Occupancy is scheduled for Spring 2017.

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, spa center with yoga classes and licensed massage therapists; and a spectacular resort-style swimming pool and deck with cabana seating, seven barbeque stations, playground and outdoor firepit lounge. As a transit oriented development, River Tides at Greystone has a direct walkway to the nearby Greystone Metro-North station 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. In recent months, GDC celebrated the grand openings of Harbor Square in Ossining and The Lofts on Saw Mill River in Hastings-on-Hudson. Both offer luxury rentals with first-class amenities which are the hallmark of GDC’s resort-style residences. GDC recently broke ground on [email protected], a new 55-unit luxury rental apartment building located one block north of River Tides in the Greystone neighborhood of Yonkers.

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

in River Tides
 by Dean

Officials Join with GDC to Celebrate Grand Opening of The Lofts on Saw Mill River

From left Hastings-on-Hudson Village Mayor Peter Swiderski, GDC Principal Martin Ginsburg; and Westchester County Executive Robert P. Astorino

 

Second GDC Rentals Development to Open in Less Than 3 Months  

HASTINGS-ON-HUDON, NY (September 26, 2016) – Ginsburg Development Companies continues to expand its GDC Rentals brand in Westchester County with the grand opening of The Lofts on Saw Mill River, a $34.9-million luxury rental development in the Village of Hastings-on-Hudson.

County and Village officials joined with GDC executives today for a ribbon-cutting ceremony at the new development located at 419 Saw Mill River Road (Route 9A). The Lofts at Saw Mill River features 66 loft-style rental apartments in three buildings. Two 3-story buildings each include 27 units and one 2-story building includes 12 affordable workforce housing units. The 12 affordable units count towards the affordable units mandated by the County’s affordable housing settlement with the federal government.

Monthly rentals for the market rate apartments range from $2,900 for a large one-bedroom unit (950 SF) to $5,000 for the largest 3-bedroom unit (1,656 SF). The affordable units range from $874 for a studio to $1,484 for a three-bedroom unit. Of the 12 affordable units, three will be available for households earning up to 50 percent area median income (AMI) and nine for households up to 60 percent AMI.

“Today’s grand opening of The Lofts on Saw Mill River completes a journey that began more than a decade ago when we first acquired this site. What was once a former industrial parking lot has now been transformed into an attractive community of contemporary loft-style rental apartments as well as much-needed affordable workforce housing,” said Martin Ginsburg, Principal of GDC. “We are particularly pleased to dedicate to the Village beautiful open space for the public to enjoy,” he added. GDC has dedicated 1.8 acres of “Great Lawn” to the Village and created for the public a pedestrian bridge to the South County Trailway, which runs by the property.

“The financial incentives provided to Ginsburg Development Companies by the Westchester IDA helped make this wonderful project a reality. In addition to creating construction jobs, The Lofts at Saw Mill River is adding to the vitality of Westchester’s economy with high quality rental apartments including affordable units,” said Westchester County Executive Robert P. Astorino.

GDC received financial incentives for the development from the Westchester County Industrial Development Agency (IDA). The project also received financial support from the County for land acquisition and infrastructure.

“Ginsburg’s high-quality developments are always an asset to a community – and Hastings will benefit both from the addition of these new high-end rentals as well as the provision of a dozen units at affordable rates,” said Hastings-on-Hudson Village Mayor Peter Swiderski.

The Lofts at Saw Mill River is GDC’s second new luxury rental development to open in less than three months. In July, GDC opened Harbor Square, a 188-unit luxury rental development on the Ossining waterfront. Harbor Square is already more than 50 percent leased. GDC is nearing completion of River Tides at Greystone, a 330-unit luxury rental complex overlooking the Hudson River in Yonkers. River Tides at Greystone is scheduled to begin leasing in January 2017. Earlier this month, GDC broke ground on [email protected], a new 55-unit luxury rental apartment building located on Warburton Avenue in Yonkers, one block north of River Tides at Greystone.

“The demand of luxury rentals in the Westchester market continues to grow with millennials as well as empty-nesters looking to live in a community with resort-style amenities and services as well as easy access to mass transit. The level of high quality finishes and design featured in our apartments is unlike anything being offered in the region’s rental market,” said Mr. Ginsburg.

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