Ground broken on 'unique' Westchester project.In what is one of the most uniquely designed residential real estate projects in Westchester, Wilder Baiter bait 1n. 1. a. Food or other lure placed on a hook or in a trap and used in the taking of fish, birds, or other animals. b. Something, such as a worm, used for this purpose. 2. Partners broke ground on a 25-acre tract in Mount Kisco and Bedford that will be home to both seniors seeking affordable apartments as well as more affluent individuals looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. luxury single family homes. When completed in 2005, the project off Routes 117 and 172 will comprise 90 affordable senior condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. apartments in three elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, buildings on the southern end of the site, and 34 semi-attached single family homes starting in the high $500,000s on the northern end of the site. The senior housing component is to be called the Woodcrest Village Condominiums; the luxury homes will be called Glassbury Court. Of the 90 senior condominiums, 66 will be priced and affordable to seniors whose household income does not exceed 80% of the Westchester County Area Median Income--approximately $58,000. These homes will sell for $170,000 to $210,000. Although the balance of 24 will be available for those with income that exceeds the county's standards, they will be priced significantly below market at approximately $250,000. Seven of the 66 affordable condominiums will be allocated with first preference to Bedford seniors. The balance of the units will be allocated and have first preference to Mount Kisco seniors. In the center of the development there will be an 8-acre open space preservation area to be managed by the Westchester Land Trust. Unlike many other affordable senior housing communities, Woodcrest is receiving no government funding. The entire $45 million project is 100% privately funded, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. William Baiter, a principal of the Elmsford-based development company. Construction on both the affordable and upscale sections will progress simultaneously. The architect is Westchester-based Warshauer Mellusi Warshauer, P.C p.c. (post cibum), n a Latin phrase meaning “after meals”; the abbreviation may be used in prescription writing. ., WBP's construction affiliate, Griffon griffon: see Brussels griffon; wirehaired pointing griffon. Associates, is the construction manager. |
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