YONKERS | 4 Buena Vista Avenue | 455 FT x 2 | 41x2 FLOORS

[Mulan]

"AMS Acquisitions has revealed renderings for a two-tower rental development at 41 Buena Vista Avenue in Yonkers, New York. Plans are now in front of the Yonkers Planning Board and specify the creation of 873 apartments, 4,000 square feet of retail space, and 889 parking spaces.

As illustrated in each rendering, the residential towers will rise from a shared six-story podium. The façade of the structure appears to primarily comprise reflective glass and red cladding, though it is hard to tell from the initial renderings. The podium and the parapets of the towers are shown topped with green terraces."

https://newyorkyimby.com/2023/04/renderi...at-41-buena-vista-avenue-in-yonkers.html


News:
https://therealdeal.com/new-york/tristat...ing-tax-break-for-yonkers-rental-towers/

[Busy Bee]

Looks like this one might actually happen, and as intended in its ambitious form - though will be a few years before completion (2030+).

Yeah Yonkers! So much potential.

[chris08876]

This was granted preliminary approval.

We are looking at two towers, 41 floors each.

[chris08876]

Financial Incentives Approved For 906-Unit Teutonia Hall At 4 Buena Vista Avenue In Yonkers

The Yonkers Industrial Development Agency recently finalized its approval for financial incentives to support the construction of Teutonia Hall, a residential development consisting of two 41-story towers at 4 Buena Vista Avenue in Yonkers. Designed by S9 Architecture and developed by AMS Acquisitions, the $458 million project will yield 906 residential units, with 91 reserved for affordable housing, as well as 2,900 square feet of ground-floor retail space and a 907-vehicle parking garage within the six-story podium at the base of the towers.

AMS Acquisitions was granted financial incentives including $12,924,830 in sales tax exemptions and $4,549,646 in mortgage recording tax exemptions. The project is expected to generate 1,100 construction jobs and produce $2.35 in benefits for every dollar of incentives provided through its duration.

Construction for Teutonia Hall is planned to proceed in two phases, with work beginning in September 2024. The first phase plans to wrap up by December 2027, and the second phase is expected to conclude in December 2031.

==================
NYY

[Zapatan]

Interesting

[wanderer34]

Why not build that project in Yonkers??? It would be nice for Yonkers to have a decent skyline on it's own!!!

[jbermingham123]

Yonkers seemingly has so much potential. With direct rail connections to both Grand Central and Penn, its better connected to midtown than JC, which has no connection to GC. Its also a full hour closer to the city than, say, Stamford, CT

Yonkers is perfectly positioned to be a business hub. JC would be hard to catch up to at this point, but it could easily outcompete southern CT and the rest of Westchester.

I dont know enough of the history there to know what has held it back

[Crawford]

This is big news for Yonkers. The skyline is finally building up.

Hopefully the first major towers of many to line the waterfront.

[wanderer34]

Originally Posted by jbermingham123

Yonkers seemingly has so much potential. With direct rail connections to both Grand Central and Penn, its better connected to midtown than JC, which has no connection to GC. Its also a full hour closer to the city than, say, Stamford, CT

Yonkers is perfectly positioned to be a business hub. JC would be hard to catch up to at this point, but it could easily outcompete southern CT and the rest of Westchester.

I dont know enough of the history there to know what has held it back

Actually JC is just a stones throw away from Downtown and Midtown Manhattan either via PATH or the NY Waterway ferry. It takes awhile for a commuter from Yonkers to even reach Midtown while you can reach Downtown and Midtown via PATH from JC.

I'm not sure than Yonkers can really be a regional business hub like JC and Stamford, seeing that the business hub of Westchester County isn't Yonkers, but White Plains, while Yonkers was mainly light industrial, but this project can boost up the city's population and Yonkers, being just a stone's throw away from the Bronx border, can attract a lot of people who want a different locale away from NYC.

[Hudson11]

The disadvantage that Yonkers faces is that it already is so densely built. And the topography of the city is quite challenging - downtown is on a cliff side (that is not a hyperbolic exaggeration), and when you reach the top of the cliff, you get urban sprawl. Constructing skyscrapers there is a huge challenge and not particularly advantageous when it comes to sight lines to NYC and the Hudson River.

That being said, there are a number of exciting highrise developments planned. The redevelopment of Chicken Island probably being the most notable.

[mrnyc]

^ ain’t that the truth — its not very easily amenable to highrises —

if anyone wants to see the place heres a yonkers thread i did back in 2012 — if you can get past the expired photobucket acct labels that is lol, sorry about that —

https://skyscraperpage.com/forum/showthread.php?t=201567

[Antares41]

Originally Posted by wanderer34

Actually JC is just a stones throw away from Downtown and Midtown Manhattan either via PATH or the NY Waterway ferry. It takes awhile for a commuter from Yonkers to even reach Midtown while you can reach Downtown and Midtown via PATH from JC.

I'm not sure than Yonkers can really be a regional business hub like JC and Stamford, seeing that the business hub of Westchester County isn't Yonkers, but White Plains, while Yonkers was mainly light industrial, but this project can boost up the city's population and Yonkers, being just a stone's throw away from the Bronx border, can attract a lot of people who want a different locale away from NYC.

I look at Yonkers having the same kind of resurgence as New Rochelle. A few new high-risers here and there adjacent to the rail stations, remaining mostly residential, which is fine. Yonkers is the third largest city in NYS and these type of projects should solidify that ranking.

[wanderer34]

Originally Posted by Antares41

I look at Yonkers having the same kind of resurgence as New Rochelle. A few new high-risers here and there adjacent to the rail stations, remaining mostly residential, which is fine. Yonkers is the third largest city in NYS and these type of projects should solidify that ranking.

The secret is that New Rochelle is between NYC and Stamford, so as a result of being along the Northeast Regional and I-95, is the reason for a lot of high rise projects in NR. Yonkers is basically along the NYS Thruway, and the next major city north is Albany, and further north are the Andirondacks and three more hours, you hit Montreal, Canada, and there's just no economic activity in Albany the way that Stamford has economic activity, so what you see is what you get. If there was an Acela-style HSR line between NYC and Montreal, then I could see Yonkers explode with economic activity, but there's no such line to support such an economic capacity in Yonkers, unfortunately.

[NYguy]

https://nypost.com/2024/10/22/real-estat...esidential-development/?dicbo=v2-9E3UQYa

Residential developers are going bonkers for Yonkers — with thousands of homes in the pipeline


By Linda Laban
Oct. 22, 2024

Fancy a home by the Hudson River with beautiful water views? Meet Hudson Piers, a large development by the river, which begins leasing this fall in Yonkers.

Yes, that Yonkers — the Westchester city just north of New York City limits, with a reputation as a drive-through kind of town, with a blue-collar past and not much presence. It’s becoming an even more attractive destination for renters on the hunt for a new home, and New York-area developers are responding to the heat with thousands of units now in the pipeline.

Hudson Piers, a development from Extell — who was behind One57 and Central Park Tower on Manhattan’s Billionaires’ Row — will eventually number six buildings. The first two to be leased include 369 apartments and roughly 10,000 square feet of ground-floor commercial space.

“Yonkers has been up and coming for a while,” Moshe Botnick, senior vice president of development at Extell, told The Post. “It’s now poised to be the next New York borough.”

“There’s been a lot of [development] activity, but ours is the largest undeveloped parcel,” he added of the company’s massive Hudson Piers project, right on Yonkers’ downtown waterfront.

“The city has a great vision for what’s possible here,” Botnick said. “You have all this waterfront living … There will eventually be 1.5 miles of contiguous waterfront promenade running by our buildings that’s open to the public.”

Another developer, AMS Acquisitions, has multiple lots primed for new buildings that are currently in development. Its completed projects include the Trolley Lofts, an adaptive-reuse building at 92 Main St. in Getty Square.

Among those new residential projects is the now-empty site where the historic Teutonia Hall once stood on Buena Vista Street. That was built around 1891 as a social space for German immigrants but fell into disuse in later years and was demolished. AMS bought it as a vacant lot and will build two apartment towers there, adding 906 apartments to Yonkers’ downtown.

AMS’s Chicken Island development at 20 Palisade Ave., another multiple-building development, will bring 2,000 apartments to the market. That’s expected to break ground in 2025.