The Real Deal New York

Ginsburg Development gets $31.5M refinancing package for White Plains apartment building

August 02, 2018 10:32AM

A developer that bought a 124-unit apartment building in White Plains last year has secured a $31.5 million refinancing package for the complex, the Westchester County Business Journal reported. The developer shelled out $35 million for The Metro, which is on the same block as the two-building Westchester Financial Center. The developer plans to redevelop all three buildings and to create a “City Square” that will include green space, retail and restaurants. Avison Young arranged the refinancing package, according to the outlet. [WBJ]