(Read more on the multifamily market.)

WHITE PLAINS-The White Plains Common Council granted site plan approval on Monday evening for a proposed $250-million senior housing community to be built on the grounds of the former St. Agnes Hospital here.

Officials with Noyack Medical Partners LLC of New York City and joint venture partner North Street Community LLC say that the key municipal approval paves the way for construction to begin on the project by this fall, perhaps as early as September.

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