News in Detail

Sales launched for $1B Edge-on-Hudson project … & more

Clockwise from top left: Edge on Hudson, a new street is planned for New Rochelle, a two-office Stamford campus trades for $16.5M, Westchester multifamily properties selling “like hotcakes.”

Sales launched for $1B Edge on Hudson project in Sleepy Hollow

Construction and sales have commenced for the 1,177-unit Edge on Hudson development in Sleepy Hollow, the Westchester Business Journal reported. Toll Brothers is developing and marketing the residential portion of the project, which features a mix of condos and brownstone-style townhomes. The site’s developers — a joint venture between California-based SunCal and New Jersey’s Diversified Realty Advisors LLC — will also construct a 140-key hotel, 135,000 square feet of retail space and 30,000 square feet of office space on the former General Motors site. [WBJ]