"The Hudson River continues to experience tremendous growth, and Edgewater is part of that redevelopment surge thanks largely to its suburban environment that's just a short commute to Manhattan," according to Gary Steinfield, the firm's vice president of development. "Avalon at Edgewater also meets the state growth management plan's intent to encourage development patterns near mass transportation options in urban areas."
The complex consists of two "E"-shaped mid-rise buildings, with two-level parking garages under each building. Amenities include a 7,000-sf community clubhouse, and a multi-level pool will open in time for next summer. Some 168 units, just over 40% of the total, were leased prior to the complex's opening.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.