WHITE PLAINS – The Westchester County Industrial Development Agency
has approved support for two rental apartment projects, one in Ossining
and the other in White Plains with a total private investment of $57.6
million.
The two developments are expected to create over 335 construction and
permanent jobs.
The Snowden House Apartments in Ossining is a $42 million project in which
a 37-year-old, eight-story apartment building is being acquired and renovated
into 124 affordable Section 8 rental apartments.
The project developer is Standard Property Company, Inc. of New York
City.
The developer of Norben Lofts, Norben Lofts LLC of Suffern, is going to
convert a vacant 48,000 square foot building in White Plains into 65 market
rate rental apartments targeted to young professionals.
Both projects will receive financial benefits for the construction costs.
