62 Main

Organization Name: WBP Development LLC

Project Title: 62 Main

Project Location: 62 Main St, Tarrytown NY, 10591

Project Description:
62 Main St is a 109-unit affordable multifamily rental community for seniors, located in Tarrytown’s historic downtown district. The project involves the redevelopment of the Tarrytown YMCA site and will preserve the original 1911 façade on Main Street. It will also provide new, fully appointed apartments for the YMCA’s existing SRO tenants, who have been living in substandard conditions for years. A unit mix of 14 studios and 95 one-bedrooms will serve households at 30%-70% of AMI. On-site amenities include a lounge, library, exercise, computer, and laundry rooms and a rooftop park. 62 Main is a fully electric, energy-efficient building with a comprehensive solar panel array. It will be heated and cooled using geothermal technology. The site is within walking distance of the Metro North train station. In support of local merchants, an onsite municipal parking garage will be constructed, funded through a local PILOT Agreement. The development is financed with the NYS Housing Finance Agency, Westchester County, Raymond James Tax Credit Funds, NYSERDA and a subsidy from the Tarrytown Housing Fund. Construction commenced April 2021. Completion is slated for 2023.

Community Impact:
62 Main’s impact on the community includes 1) creation of much-needed affordable apartments for low- income seniors, 2) improvement of the quality of life for 28 single men living in the YMCA’s deteriorated SRO, 3) preservation of a 100+ year old building façade in the Downtown Historic District, and 4) creation of a new municipal parking garage to support downtown businesses. Throughout the COVID-19 pandemic, our top priority has been to keep the existing the SRO residents safe until they transition into their new studio and 1BR apartments. These men are particularly vulnerable, and relocation off site during construction, likely not close to the downtown , would have been extremely disruptive. Instead, we developed a 3-phased plan of construction to ensure that the SROs did not have to relocate off site during the 24-month construction period. Our nonprofit sponsor, Housing Action Council, has been engaged to provide full supportive services to the residents until they are in their new, permanent apartments at construction completion. This effort has kept the SRO residents, onsite staff, construction team and in turn the entire Tarrytown community safe and healthy during this unprecedented time.

Organization Description:
WBP Development is a leading residential real estate development firm located in Westchester County, New York. In 30 years, WBP, its general contracting arm, Griffon Construction, and its property management division, WBRES, have helped shape the residential landscape in the Hudson Valley. We live and work here and strive to make that opportunity available to others. From affordable living alternatives to market-rate apartments, and to active adult communities, WBP works to create well-planned developments that are an asset to any community.

Team Members:

Developer: WBP Development LLC
Architect: L&M Design LLC
Engineer: Kimley-Horn
Contractor: Griffon Construction LLC
Managing Agent: WB Residential Communities, Inc. (WBRES)

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