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YONKERS – Source: Mid Hudson News - A new $23 million, 60-unit affordable housing project has been completed in southwest Yonkers and city officials came out Monday to celebrate the fact.
Croton Heights Apartments was developed by The Richman Group Development Corp. and will be managed by Landex Corporation.
Built on the site of an old, unused parking lot formerly owned by the Yonkers Parking Authority at 193 Ashburton Avenue, the building features one-, two- and three-bedroom rental units, and 1,500 square feet of community space with a well-appointed community room, a state-of-the-art fitness facility, a resident computer center, broadband wiring, on-site storage space, parking and a children’s tot lot. The complex is less than five minutes from City Hall, the Metro North train station, city bus transportation, the city’s new waterfront, as well as other redevelopment projects in Yonkers central business district.
“The benefits of creating safe, affordable housing go well beyond bricks and mortar,” said Mayor Philip Amicone. “It creates jobs; encourages stability in our neighborhoods; generates important tax revenues; sparks new investment; and, perhaps most important, restores pride in our great city.”
The Croton Heights Apartments is part of the larger HOPE VI Revitalization Plan that... More HERE
