PORT CHESTER, N.Y. -- Development firm G&S Port Chester, LLC presented a plan at the Village Board meeting Monday to redevelop the downtown waterfront property to include luxury apartments.
"This will be for young, up and coming professionals," said G&S partner Robert Weinberg during his presentation to the Mayor and Village trustees.
The project calls for a four-story building on the site of the parking lot located at the intersection of Westchester Avenue between Abendroth Avenue and North Main Street, directly across from the Loews Theatres complex. The first floor would be used for retail space with the floors above containing 86 apartment units, a fitness room and a terrace. In order for the project to move forward the Village Board would have to make a referral to the Planning Commission for approval and would have to adjust current zoning laws, which prohibit residential development at the site.
Mayor Dennis Pilla expressed interest in the project and motioned for the Board to add on a resolution to refer the project to the Planning Commission at its next scheduled meeting Sept. 6. Four trustees voted in favor of the motion with Trustee Bart Didden recusing himself from the vote. Trustee Luis Marino was not present.
"This requires a hard look," said Pilla. G&S built the $100 million Waterfront complex, which was completed in 2004. Weinberg declined to discuss the potential cost of the proposed project, though he assured the Board that it would bring in higher rates in property tax than other residential buildings. "Our rents will be higher than the rents in surrounding areas," said Weinberg. What do you think about building luxury apartments downtown? Comment below or on Facebook.
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