YONKERS, NY-In a sign of the times, the city’s Industrial Development Agency gave the go-ahead last week to a pair of projects that will help revitalize downtown Yonkers. The Rising, headed by developer Nicholas Sprayregen, is a $22-million plan to redevelop what Yonkers Mayor Mike Spano—who also chairs the IDA—has called “long-existing eyesores” in downtown Yonkers into lofts, retail and restaurant space. And a long-stalled multifamily condominium project, the River Club, will break ground later this year as a pair of rental apartment towers in northwest Yonkers.

The projects were delayed by both the economic downturn and a political climate that arguably worked against development. Under Spano, who will participate in the “Dynamic Development and Redevelopment” panel discussion at RealShare Westchester Fairfield Counties on August 15 at the Crowne Plaza in White Plains, that has changed.

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