Sunday, March 5, 2023

Ludlow Point Rental Development Approved For 150 Downing Street In Yonkers

 

Daytime rendering of Ludlow Point at 150 Downing Street in Yonkers - Ginsburg Development Companies

The Yonkers Planning Board has granted approvals to Ginsburg Development Companies to construct a new multifamily rental property at 150 Downing Street in Yonkers. Known as Ludlow Point, the development will include 208 apartments, a collection of amenity spaces, and 229 parking spaces.

Original renderings for Ludlow point revealed a two-tower complex with a low-rise amenity deck between the ten-story volumes. Former plans also specified 520 apartments. Amenity spaces included include a lounge, fitness center, a swimming pool, business center, bike racks, and private storage. Retail and dining components were also planned for the building’s ground floor. Updated renderings show a similarly bifurcated property with a low-rise lobby entrance between the two volumes. The taller portions of the structure will top out at seven stories.

Total construction costs for the updated project are estimated at $65 million. The project is also expected to create 625 construction jobs.

Original and defunct rendering of Ludlow Point at 150 Downing Street in Yonkers – Ginsburg Development Companies

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