Yonkers apartments to become 10% affordable after developer fails to start construction on time

December 13, 2017 04:20PM

Ten percent of the apartments at 70 Jackson Street will become affordable housing since the project’s developer failed to begin construction on time, according to a new deal struck with the Yonkers City Council. The company’s original agreement with the city would have seen the property transferred back to the public if construction didn’t start this year. The developer, 70 Jackson Street LLC, had planned to build an eight-story building with 128 market-rate units and 170 parking spots on the former site of PS 19. [Lohud]