Sleepy Hollow under fire for $800 million real estate development

New York /
May.May 26, 2011 04:38 PM

The village of Tarrytown in Westchester has filed a lawsuit in the New York Supreme Court against nearby village Sleepy Hollow and landowner General Motors relating to Lighthouse Landing, an $800 million real estate development by Roseland Properties planned for an abandoned GM auto plant.

Tarrytown alleges that the development will infringe upon its downtown business district along Route 9, according to the Wall Street Journal. “Lighthouse Landing will create traffic, parking and pedestrian safety issues for the area that Sleepy Hollow has been ignoring,” said Tarrytown’s lawyer Steven Silverberg. “If they aren’t paying attention to our concerns, we have a right to go to court and make them pay attention.”

Sleepy Hollow Mayor Kenneth Wray says the development, and other construction projects slated to begin at the Hudson River front, are good for the area, including Tarrytown. “We’ve listened to their concerns,” he told the Journal, “but the fact that they don’t like the response is their problem.”

Wray says he expects the Sleepy Hollow’s board to approve 1,200 residential units and 125,000 square feet of commercial space at the site in June. [WSJ]


Related Articles

arrow_forward_ios
Town where GM tore down 1,500 homes to build a plant responds to news of its closure
Town where GM tore down 1,500 homes to build a plant responds to news of its closure
Town where GM tore down 1,500 homes to build a plant responds to news of its closure
Cadillac set to vacate Soho office
Cadillac set to vacate Soho office
Cadillac set to vacate Soho office
CBRE veteran Eric Yarbro jumps to Colliers
CBRE veteran Eric Yarbro jumps to Colliers
CBRE veteran Eric Yarbro jumps to Colliers
GM sublets another swath of namesake tower
GM sublets another swath of namesake tower
GM sublets another swath of namesake tower
From left: Mort Zuckerman(inset), the GM Building and Zhang Xin (inset)
GM sublets 38K sf at namesake office tower
GM sublets 38K sf at namesake office tower
Soros non-profit foundation signs lease for entire Argonaut Building
Soros non-profit foundation signs lease for entire Argonaut Building
Soros non-profit foundation signs lease for entire Argonaut Building
Placeholder image
Freddie Mac, Ally Financial fail to disclose $325 million settlement
Freddie Mac, Ally Financial fail to disclose $325 million settlement
Boston Properties close to buying 1 WTC stake
Boston Properties close to buying 1 WTC stake
Boston Properties close to buying 1 WTC stake
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...