Ginsburg Development to lead $83M Westchester Financial Center overhaul

TRD New York /
Apr.April 19, 2018 11:48 AM

Valhalla-based Ginsburg Development Companies and Robert Martin Company will spend $83 million to buy the two office buildings that make up the Westchester Financial Center. The firms plan to redevelop the area into a new “City Square” with green space, apartments, retail and renovated offices. The deal includes a 15-story tower with 309,000 square feet of office space and another tower that’s just a story shorter with 262,000 square feet. They share a block with a 124-unit apartment building that Ginsburg had bought last year for $35 million. [CNBC]

Related Article


The Seychelles to auction off estate at a discount after diplomat’s divorce

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Paul Simon’s Connecticut estate is on the market for $14M

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

This new bill is taking aim at property taxes for golf courses — including Trump’s

Placeholder image

Rockland County’s troubled Time Nyack Hotel gets a new owner

Placeholder image

Edge-on-Hudson developers enlist architect for parks and paths

Placeholder image

Report finds Norwalk and Stamford have highest rents in Connecticut