Groundbreaking Ceremony for Park Square Yonkers Residential Project Set for July 21
Real Estate In-Depth • July 16, 2026
The groundbreaking ceremony for Park Square Yonkers will take place on Tuesday, July 21, at 1 Loehr Place in Yonkers.
The event will include Mitchell Del Gais, Senior Executive of Titan Real Estate Development LLC, Yonkers Mayor Mike Spano, and City, County and State officials.
Park Square Yonkers is a $185 million, 500,000-square-foot mixed-use development that will include 340 residential units, with 10% designated as affordable housing, as well as 20,000 square feet of prime street-level retail space.
The approximately $1.7 million project includes new sidewalks, curbs and improved driveway entrances along a heavily traveled section of Saddle River Road.
Eligible New Yorkers may receive up to $1,086 in assistance this winter, depending on household income, size, heating source and other eligibility factors.
The measure authorizes a one-time transfer tax of 0.3 percent on qualifying real estate transactions, generally paid by the purchaser at closing.
Approximately 120,000 vehicles travel this section of I-95 daily, making it a critical transportation corridor connecting residential communities, commercial centers...
The initiative aims to improve pedestrian and bicycle connections between residential neighborhoods, waterfront parks and major employment centers.
For the ninth consecutive year, New York ranked first nationally in the use of state and federal historic rehabilitation tax credits...
