3 | ASTORINO, LATIMER SQUARE OFF OCTOBER 16, 2017 | VOL. 53, No. 42
7 | CANADIAN CUISINE
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Ginsburg eyes Ludlow area of Yonkers for development BY ALEESIA FORNI aforni@westfariinc.com
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nomic development consultant to identify development opportunities in townowned and underutilized private land. Representatives for the New York State Energy Research and Development Authority, meanwhile, announced at the same meeting that the state authority had hired D.L. English Consulting Inc., a South Dartmouth, Massachusetts-based firm focused on the energy industry, to lead a reuse study of the Indian Point property. Puglisi told the Business Journal that the town is trying to be proactive in finding development that could replace
insburg Development Cos. plans to spend $3 million to acquire a 2.26-acre vacant property near the Ludlow train station owned by the city of Yonkers. Ginsburg plans to construct hundreds of apartments on the site at 150 Downing St., along with commercial space. But that parcel is just one piece of a sprawling development Ginsburg has planned for the area in southwest Yonkers that stretches from Pier Street to Highland Avenue. In a presentation submitted to the city, Ginsburg officials said the Downing Street parcel, when combined with the acquisition of other “blighted nearby light-industrial properties” that sit within a ¼ mile radius of the Ludlow train station, could be home to a mixed-use, transit-oriented development. The company has proposed the construction of four apartment towers with approximately 550 units and two floors of commercial space at the 150 Downing St. property. The Valhalla-based company also aims to complete improvements to O’Boyle Park, including the addition of dog runs, new fencing and park benches, enhanced landscaping and new pedestrian and bike paths. Elsewhere, Ginsburg Development plans to upgrade Abe Cohen Plaza and construct a four-story, mixed-use building at 70 Pier St., a property the developer purchased for $1.3 million earlier this year. That building would include 45 residential units and 3,600-square-feet of retail space. Additionally, the company proposed new parkland and open space along the Hudson River and other residential development and streetscape improvements along Ludlow Street. “Over 40,000 residents live within southwest Yonkers, and they have no waterfront access to the Hudson River,” Ginsburg officials said in the documents submitted to the city. “Downtown Yonkers should not
» INDIAN POINT, page 6
» GINSBURG, page 6
The highlighted area is where Ginsburg Development Cos. proposes to build.
Life after Indian Point
CORTLANDT SEEKS TO REPLACE REVENUE LOSS AS STATE STUDIES REUSE POSSIBILITIES BY RYAN DEFFENBAUGH rdeffenbaugh@westfairinc.com
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s Indian Point Energy Center prepares to shut down in less than four years and take with it a huge chunk of revenue
for its surrounding municipalities and school district, both the state and town of Cortlandt will look to consultants to help prepare for life after the nuclear plant. At the second meeting of the state’s Indian Point Closure Task Force on Sept. 28, Cortlandt Town Supervisor Linda Puglisi said the town would hire an eco-