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Real Estate Firm Breaks Ground on $12M Office Building

YONKERS, NY-Homes For America Holdings, Inc. broke ground on Wednesday on a $12 million, 70,000-sf office building that will serve as the real estate firm's corporate headquarters.

By John Jordan | Updated on September 26, 2002

YONKERS, NY-Ground was broken on Wednesday on another commercial construction project on the Yonkers waterfront-a 70,000-sf commercial office building that will cost $12 million to build.

Homes for America Holdings, Inc. held a groundbreaking ceremony for its Station Plaza at Hudson venture at the site, which is situated at the intersection of Main St. and Buena Vista Ave., across the street from the Trolley Barn property and nearby a host of major redevelopment projects in the downtown/waterfront area.

A portion of the six-story building will serve as the corporate headquarters for Homes for America Holdings, according to Robert M. Kohn, the company’s chief operating officer. The firm, which is currently housed in space at 2 Odell Plaza in Yonkers, will relocate to 7,000 to 10,000 sf once the Station Plaza building is completed. The building, which will be located nearby a new 650-space municipal parking garage that is now under construction, is expected to be ready for occupancy in the fall of 2003. China Trust is supplying the construction financing for the Station Plaza development. The property will consist of approximately 60,000 sf of office space and about 10,000 sf of retail space on the ground floor.

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