That seems abit much for that neighborhood , better suited for Downtown.
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 quarter-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.
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.
At the center of the development plan is Ludlow Point, a $199.7 million investment that is part of the new Ludlow Station Area Master Plan. According to the IDA, located at 150 Downing St., the project consists of 520 proposed residential units in two 10-story and two 11-story towers.
The unit mix will be comprised of 80 studios, 320 one-bedroom, and 120 two-bedroom apartments. Building amenities will include a club lounge, fitness center, swimming pool, business center, bike racks, and tenant storage lockers. Fifty-two of the units are to be affordable under the Yonkers Affordable Housing Ordinance. The Ludlow Street frontage will feature 10,330-square-feet of retail space to be marketed to restaurant and neighborhood retailers.