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

TRD New York /
Aug.August 02, 2018 10:32 AM

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]


Related Articles

arrow_forward_ios
Lana Zakocela and Justin Etzin in front of their former New Castle home (Credit: Getty, Zillow)

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

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

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

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

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

arrow_forward_ios