A New Lease on Luxury the Journal News
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The Journal News - 11/03/2016 Copy Reduced to 47% from original to fit letter page WESTCHESTER-PUTNAM BREAKING NEWS 24/7 AT LOHUD.COM THURSDAY, NOVEMBER 3, 2016 More on Election 2016. Exchange special, 9A A NEW LEASE Mount Vernon ON LUXURY must pay up Judge rules for contractor for response center work ERNIE GARCIA [email protected] A state Supreme Court justice has ordered Mount Vernon to pay a con- tractor for work at an unfinished emer- gency response center. Justice Sam D. Walker decided that Mount Vernon must pay Creative Di- rection, a company owned by Council- man Andre Wallace, $234,065.09 for work at a firehouse at 50 W. Third St. Creative Direction sued the city Feb. 25 for the money after almost a year of delays in paying the money owed. Mount Vernon was supposed to have a new emergency operations center years ago, but with more than $1 million spent, the project sits unfinished amid finger-pointing and a lawsuit. The operations center on the second floor of the firehouse is empty, with missing ceiling tiles, holes punched in See CONTRACT, Page 4A Railroad sued over Clockwise from left: Rendering of the 55 Bank St. project, looking north (LCOR submitted image); a view of the clubhouse at Quarry Place 2013 crash apartments in Tuckahoe; a view of the garden terrace at the Quarry Place complex (photos by Carucha L. Meuse/The Journal News); Mindy and Ken Andrusko, pictured in their rental apartment at Harbor Square in Ossining, moved there from a house in Chappaqua (Photo by Assistant conductor says Mark Vergari/The Journal News). Metro-North ‘negligent’ MATT COYNE $3,400 $2,895 $2,895 [email protected] The assistant conductor on the train In Manhattan, the median rent in In Brooklyn, the median rent in August In Queens, the median rent in August that crashed in Spuyten Duyvil in 2013 August was flat from a year ago is seeking $2.5 million from Metro- North. Verplanck resident Christopher Kelly filed suit in White Plains federal court Tuesday, alleging the railroad Developers confident amid boom in high-end rental market was negligent in allowing William Rockefeller to drive the train, which sped around a curve at 82 miles per AKIKO MATSUDA [email protected] “We are providing amenities, hour before derailing, killing six and in- juring 60 after Rockefeller fell asleep services and environment so at the controls. evelopers who are currently building thou- According to court papers, Kelly that they feel that they are on sands of new luxury apartments in Westches- See LAWSUIT, Page 4A vacation while at home. That’s ter say they remain confident that their units D very appealing to a lot of will be quickly leased once completed, even if people.” the rental market to the south in New York City is showing MARTIN GINSBURG, signs of cooling down. PRINCIPAL OF GINSBURG DEVELOPMENT COMPANIES President Barack Obama criticizes what he called ‘leaks’ by the FBI. Nation, 1B See LUXURY, Page 4A ‘All The President’s Men’ A MEMBERS-ONLY PROGRAM FOR OUR screening with lohud team SUBSCRIBERS THE JOURNAL NEWS Lohud/Journal News Watchdog Editor Frank Scan- dale and reporters from the news organization’s watch- Insiders will enjoy dog team will host a panel discussion on their work — after a screening of “All the President’s Men,” at 7 p.m. access to special Events, Nov. 7 at the Alamo Drafthouse Cinema in Yonkers. The panel will include conversation about local cov- Deals and Extras. HANDOUT, WARNER BROS. PICTURES erage of the presidential campaign that has pitted Dustin Hoffman (left) and Robert Redford in a scene from the 1976 film ‘All The President’s Men.’ See FILM, Page 2A Visit www.lohud.com/insider INDEX WEATHER, 2A Home delivery 800-942-1010 to log-in and get started. 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Walker noted that even In his ruling, Walker dis- if city officials had made missed those claims be- objections to Creative Di- cause “to date, Creative rection’s work, there was Direction has not re- no language in the con- ceived any notice from tract that outlined a proc- the city concerning any ess for resolving such defective or deficient concerns. work.” Mount Vernon corpo- Still, Walker ordered ration counsel Lawrence the parties to return to Porcari called the con- court Nov. 28 to hear the tract “irregular.” city’s counterclaims re- “There’s no language garding defective work in there that addresses and the payment of the any concern the (city) money to Wallace will be would have when hiring a held up until the city’s contractor,” said Porcari, counterclaims are evalu- who will bring an engi- ated by Walker. neer to the Nov. 28 hear- Wallace, who didn’t sit ing to testify on the city’s on the City Council when behalf. he won the contract, said Twitter: @ErnieJourno MARK VERGARI/THE JOURNAL NEWS on Tuesday that his work Mayor Richard Thomas stands inside the unfinished emergency response center. The Journal News - 11/03/2016 Copy Reduced to 66% from original to fit letter page pening in New York City burg Development Com- More to come Luxury has a limited impact on panies, the Harbor Westchester’s rental mar- Square complex started GDC opened another Continued from Page 1A ket. leasing its 169 market- luxury complex called “I think the less signifi- rate units in June. As of The Lofts on Saw Mill cant element of demand in October, more than 60 per- River in Hastings-on- “We are not con- Westchester is people get- cent of the units have Hudson in September, of- cerned about overbuild- ting pushed out of the city been leased, according to fering 54 market-rate ing,” said Arthur Collins, and looking for affordable the company’s website, units. The site on Saw Mill president of Collins options,” Pinsky said. “I which advertises two River Road was a former Enterprises. think the more significant months of free rent for se- industrial parking lot His firm, in partner- element is the Westches- lect units. across from Acorda ship with Strategic Cap- ter-specific market. Peo- Ginsburg said the de- Therapeutics, a biotech ital, is currently devel- ple who want to live in veloper is offering such firm. oping its third luxury Westchester are looking incentives during an ini- Ginsburg said the loft- rental building, to be for a certain lifestyle — tial renting phase to main- style apartment complex known as Hudson Park more urban lifestyle, wal- tain balance among dif- just off Saw Mill River River Club, on Yonkers’ kable lifestyle, where ferent unit types. The Parkway is a bargain com- waterfront. you’re renting instead of company is on track to pared to similar units in “Basically, there’s a owning.” achieve its goal of leasing New York City. GDC is shortage of housing in The trend is backed by all Harbor Square units also building two other New York City,” he said. statistics, according to by summer 2017, he said. rental complexes — River “So our theory is it will Paula Munger, director of Martin Ginsburg, prin- Tides at Greystone and FILE PHOTO BY SETH HARRISON/THE JOURNAL NEWS take an awful lot to actu- industry research and cipal of GDC, said Harbor 1177@Greystone — in Emergency personnel at the scene of a Metro-North train ally build out (here) to analysis for National Square has attracted a di- Yonkers. that derailed just north of the Spuyten Duyvil station in the meet what the market Apartment Association. verse group of tenants — “We are an under- Bronx on Dec. 1, 2013. demands.” “Westchester and from millennials to emp- served market in West- More than three-doz- Rockland counties are ty-nesters — because the chester,” Ginsburg said. en rental projects — to- some of the fastest grow- complex offers units at “We are a relatively afflu- Kelly was hired by taling nearly 7,000 units ing areas in the state. In different price points.