The transformation of Yonkers, New York’s’ Ludlow Park neighborhood took another big step forward as Ginsburg Development Companies (GDC) Founder and Principal Martin Ginsburg joined with Mayor Mike Spano and other city officials for the grand opening of 70 Pier St., a boutique building featuring 36 luxury rental apartments and amenities including a club lounge, fitness center, business center and roof deck.
Located adjacent to Metro-North’s Ludlow Train Station and across from a completely renovated Abe Cohen Park & Plaza, 70 Pier St. is the first of three buildings to be built by GDC in the neighborhood, which will total over 400 units.
“70 Pier stands at the gateway to Ludlow Park for those arriving by train. Together with the new park and plaza, it will welcome residents and visitors to an exciting new transit-friendly community that is just 35 minutes to Grand Central Terminal,” said GDC Principal Martin Ginsburg at a ribbon-cutting ceremony.
“The completion of 70 Pier is the first of many phases in the comprehensive revitalization of the Ludlow community,” Spano said. “GDC’s ongoing investment in this waterfront neighborhood will create renewed open green spaces, parks, improved infrastructure and homes that will spark economic growth for all.”
70 Pier St. offers alcove studios starting at $2,250, one-bedrooms starting at $2,550 and two-bedrooms starting at $3,995. It features high-end finishes, including wide-plank flooring, white lacquer and wood grain cabinetry, porcelain tiled baths with Kohler fixtures, window shades, ceiling fans in the primary bedroom, and a GE washer/dryer combination unit in every apartment.
70 Pier St. is the first implementation of a new Ludlow Community Master Plan and Rezoning initiated by the City of Yonkers, GDC and the community to create a new mixed-use district south of the Ludlow Park neighborhood. This district will allow housing and extend the neighborhood’s residential character. The master plan includes building a new Waterfront Park on the Hudson River, a Bridge Street Park and Promenade to be constructed in front of the next phase of GDC’s development and the restoration of O’Boyle Park on Hawthorne Avenue, creating a string of parks and public open spaces.
