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Developer Completes Heritage Pointe Senior Complex

HYDE PARK, NY-Wilder Balter Partners, an Elmsford-based residential development firm, has completed its $9.5 million Heritage Pointe senior affordable housing community here. A host of dignitaries were on hand for a ceremonial ribbon cutting at the property.

By John Jordan | Updated on July 01, 2001

HYDE PARK, NY-Heritage Pointe, a new senior affordable housing complex that previously was an abandoned nursing home, officially opened its doors last week. Estimated to cost $9.5 million to build, Wilder Balter Partners of Elmsford and the Housing Action Council of Tarrytown developed the project. A host of local and state dignitaries were on hand for a ceremonial ribbon cutting at the property that is located just off Route 9 in Dutchess County.

Among those on hand for the ceremony were: New York State Lt. Governor Mary O. Donohue; Otis Jones, deputy commissioner, Housing Office of Housing Management within the State Division of Housing and Community Renewal; Dutchess County Executive William Steinhaus; Hyde Park Town Supervisor Yancy McArthur and Alfred Dellibovi, president and chief executive officer of the Federal Home Loan Bank of New York.

Wilder Balter officials explain that the 82-unit affordable senior community was in fact an adaptive reuse project that involved the conversion of an abandoned Hyde Park nursing home. The five-story elevator building, consists of 62 one-bedroom apartments, 20 two-bedroom apartments, as well as a community room, laundry facilities and outside patio/courtyard. These apartments are available to households earning up to 45 percent of the area median income, which they say translates to monthly rents of $422 to $476 for one-bedroom units and $503 to $568 for two-bedroom apartments.

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