Developer proposes mixed-use building with luxury rentals in Pelham

TRD New York /
Dec.December 20, 2018 09:48 AM

Yonkers-based developer Pelham RE Partners hopes to raze a one-story building in Pelham and construct a six-story, mixed-use one, LoHud reported. The development would house 35 luxury rentals, three penthouses and retail space, in addition to onsite parking, according to the outlet. The existing building at 139 Fifth Avenue houses five businesses, including a sports bar and a nail salon. “The site has great potential,” developer Ruben Guerrero told the Village of Pelham Board of Trustees. “We’re looking at developing something that is going to be invigorating for the village and hopefully become a point of attraction and a great benefit for residents.” [LoHud]


Related Articles

arrow_forward_ios
Placeholder image

Phase-two planning kicks off at $500M development in Hyde Park

Placeholder image

Bank claims DMX ‘abused’ bankruptcy system to nix Mt. Kisco home foreclosure

Placeholder image

Danbury power company snaps up Bridgeport energy plant for $35.4M

Placeholder image

Newmark Knight Frank completes 4 office leases in Greenwich and Stamford

Placeholder image

Former Carnegie estate modeled after Scottish castle hits market at $14M

Placeholder image

Sandra Lee, NY Gov. Andrew Cuomo list New Castle home for $2.3M

Placeholder image

Fairfield County malls seek to adapt in light of retail’s ‘Amazon effect’

Placeholder image

Affordable assisted living facility proposed in Mount Vernon

arrow_forward_ios