alexander street brownfield project law=no condo’s no private dwellings, no co-ops? all rentals, could be low end

the use of brownfied funds is very specific in the type of residences that are allowed to be constructed.

contrary to the spin put out by the developers and proponents that this is a high end housing plan for a blighted area of Yonkers’s, Brownfield monies cant be used for private dwellings, condo’s and most likely co-ops. so this project will be rentals only, the housing market is in a huge decline.
Yonkers resident will remember prior history with Philips towers on riverdale, promoted as a premiere living experience, the apartment complex was going to be the best in the area . the market dumped and the place went from premier living apartment to crap

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