White Plains approves Martin Ginsburg’s City Square redevelopment plans

Veteran developer Martin Ginsburg has received approval to move forward with his plans to redevelop the Westchester Financial Center, the Daily Voice Plus reported. The White Plains Common Council earlier this week approved plans for the project known as City Square. In an interview with The Real Deal in May, Ginsburg said City Square will “make [the center] a tremendous gateway to White Plains.” Plans for the redevelopment include retail and restaurants on Main Street, luxury rentals and a “Central Park” with a fountain, performance space and outdoor dining. Ginsburg’s development firm paid $83 million last year to acquire the 3.9-acre site and subsequently secured $120 million in financing for redevelopment work. The Metropolitan Transportation Authority is also carrying out a $92 million renovation of the Metro-North train station in White Plains — a project that Ginsburg previously told TRD was “icing on the cake as far as we were concerned.” [DVP]