The Real Deal New York

Plans filed for 175 townhouses at former country club in Greenburgh

January 31, 2018 06:45PM

Ridgewood Real Estate Partners plans to build a community of 175 townhouses for people 55 and older on the grounds of the former Elmwood Country Club in Greenburgh. The New Jersey-based developer bought the 106-acre property for $13 million last summer and submitted plans to the Greenburgh Town Board on January 23. However, Ridgewood executives have expressed concern over tax legislation being pursued by the town that would tax new condo and townhouse developments at a higher rate than single-family homes. [WBJ]