Village officials report that the new plan increases the amountof open space by 30% while incorporating a 20% reduction in thenumber of housing units. The number of housing units to be built atthe 4.5-acre site that formerly housed industrial buildings hasbeen slashed from 225 to 180, with 10% of the apartments designatedas affordable.

"We have spent a great deal of time and effort to achieve thesignificant revisions to this project," said Mayor ThomasCambariere. "We believe that the new plan addresses the legitimateconcerns expressed by many of our village residents--such asincreasing the amount of open space on the site and preservingviews of the river. At the same time, it provides a new residentialcommunity that is aesthetically attractive and that is financiallyviable not only for the village, but for the developer."

"This has been a long and at times difficult negotiation,"comments Louis R. Cappelli, president of Cappelli Enterprises."However, we believe that we now have a plan that is workable forus and that meets the Village Board's goals. Harbor Square can bethe best new riverfront project anywhere in the Hudson Valley. Thedesign of the buildings and the way they are sighted works verywell and preserves 60% of the site as open space. It's a veryexciting plan, one that holds great potential for our company andthe Ossining community, and we are very hopeful that we can nowmove forward to make this dream a reality."