River Club at Hudson Park at 63 Wells Ave. in Yonkers, NY/ Photo credit: River Club
NEW YORK CITY—Strategic Capital's River Club apartments at 63 Wells Ave. in Yonkers, NY received a $70 million fixed-rate loan from Guggenheim.
The development is a 24-story, 213-unit multifamily building on the Hudson River Waterfront and is the third and final phase of a larger redevelopment plan. The property includes access to a 206-space parking garage, indoor pool, 24-hour fitness center and rooftop lounge. It received a temporary certificate of occupancy in December 2018 and apartments are on the market to lease.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
