The Real Deal Tristate

Peekskill approves 82-unit affordable and workforce housing project

June 19, 2019 05:50PM

The Peekskill Planning Commission has approved a plan to build 82 units of affordable and workforce housing in the Inland Waterfront Zoning District, the Daily Voice Plus reported. The project slated for 645 Main Street will be financed by Westchester County and the New York State Housing Finance Agency. The DVP noted that Wilder Balter Partners (WBP) is the project’s applicant. The Chappaqua-based residential real estate firm is currently in the process of building a 550-unit development in New Rochelle that will be “75 percent market, 25 affordable,” its president, William Balter, told the outlet. WBP is also building a 42-unit affordable housing community in nearby Lewisboro. Balter said his firm expects to break ground on the Peekskill project “in the third or fourth quarter of 2019.” DVP also reported this week on the Peekskill Common Council hearing plans from developer Paul Guillaro of Cold Spring-based Unicorn Contracting for a 52-unit condominium development in the city. [DVP]