Developer plans 9-story, market-rate apartment complex in Peekskill

TRD New York /
Mar.March 14, 2019 12:59 PM

A new market-rate apartment development is coming to Peekskill, LoHud reported. Long Island City-based Alma Realty, which is led by developer Efstathios “Steve” Valiotis, plans to build a nine-story, 181-unit building called One Park Place between Park, St. James, Broad and Brown streets, according to the outlet. The development will include a public park, more than 300 below-ground parking spaces and an outdoor terrace with dining space. The project has already secured the city’s approval and is expected to draw “a lot of new residents” to downtown Peekskill, city planning director Jean Friedman told LoHud. It wasn’t immediately clear what size apartments will be offered or how much they will rent for. [LoHud]

Related Articles


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