Residential developers are going bonkers for Yonkers with thousands of homes in the pipeline

Fancy a home by the Hudson River with beautiful water views? Meet Hudson Piers, a large development by the river, which begins leasing this fall in Yonkers.Yes, that Yonkers — the Westchester city just north of New York City limits with a reputation as a drive-through kind of town, with a blue-collar past and not much presence.It’s becoming an even more attractive destination for renters on the hunt for a new home, and New York-area developers are responding to the heat with thousands of units now in the pipeline.Hudson Piers, a development from Extell — who was behind One57 and Central Park Tower on Manhattan’s Billionaires’ Row — will eventually number six buildings.

The first two to be leased include 369 apartments and roughly 10,000 square feet of ground floor commercial space.“Yonkers has been up and coming for a while,” Moshe Botnick, senior vice president of development at Extell, told The Post.

“It’s now poised to be the next New York borough.” “There’s been a lot of [development] activity, but ours is the largest undeveloped parcel,” he added of the company’s massive Hudson Piers project, right on Yonkers’ downtown waterfront.Apartments there range from studios to three-bedrooms.Pricing starts with 528-square-foot studios from $2,500 per month; 662-square-foot one-bedrooms from $2,950; 1,052-square-foot two-beds from $4,000; while 1,285-square-foot three-beds top the lot, starting at $4,950.One aspect attracting developers these days is the city administration’s eagerness to shape its downtown into a livable modern backdrop for the community, and with riverfront access.“The city has a great vision for what’s possible here,” Botnick said.

“You have all this waterfront living … There will eventually be 1.5 miles of contiguous waterfront promenade running by our buildings that’s open to the public.”Another developer, AMS Acquisitions, has multiple lots primed for new buildings that are currently in development...

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Publisher: New York Post

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