Search
 

First New Rental Project to Open Soon in White Plains

WHITE PLAINS-While a host of rental apartment projects have broken ground of late here, the developers of "The Dell," a 31-unit luxury rental apartment project, will be the first to open its doors in about a month or two.

By John Jordan | Updated on March 06, 2002

WHITE PLANS-The owner of “The Dell,” a $4.5 million luxury rental apartment project admits that while other major developers were garnering the headlines for their various major rental ventures, he kept his development “under the radar screen.” Until now that is.

While five major residential housing projects totaling well in excess of 1,200 units have been proposed or are under construction in and around downtown White Plains, Rich Hendey, managing partner of Hendey & Castaldo LLC, reports that construction on “The Dell,” a 31-unit luxury rental apartment project is near completion. His venture will be the first to test the theory that business and political leaders here are counting on – that there is a tremendous demand for rental housing in the White Plains area. “We expect to open in about six to eight weeks,” he says.

The development is located at 111 South Broadway, on the corner of Maple Ave., in downtown White Plains. The four-story building (three above ground) totals approximately 35,000 sf. The basement level contains some apartment units and parking for 46 vehicles.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.