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County and Village Officials Join with GDC to Celebrate Grand Opening of Harbor Square Luxury Rental Complex

From left, Ossining Town Supervisor Dana Levenberg; Ossining Village Mayor Victoria Gearity; Ossining Village Trustee Quantel Bazemore; County Executive Robert P. Astorino; Martin Ginsburg, Principal, Ginsburg Development Companies; County Legislator Catherine Borgia; State Assemblywoman Sandy Galef and Jamie Ethier of the Office of Planning and Development for the New York Department of State.

Officials Dedicate New Public Park Named in Honor of Legendary Hudson River Fisherman Henry Gourdine

OSSINING, NY (June 2016) – Westchester County and Ossining Village officials joined with representatives from Ginsburg Development Companies (GDC) to celebrate the grand opening of Harbor Square, a new $65 million, mixed-use luxury rental complex on the Ossining waterfront featuring world-class amenities and services with spectacular views of the Hudson River. The June 23rd event kicked off the grand opening weekend for the public to visit Harbor Square at open houses.

The ribbon-cutting celebration also included the formal dedication of a new public park at Harbor Square named in honor of Henry Gourdine, a legendary local fisherman who spent most of his 94 years harvesting the Hudson with fishing crews. The $1 million public park, which was built by GDC and funded 50% by a grant from New York State, features a children’s playground, waterfront promenade and dock that serves the NY Waterway Haverstraw-to-Ossining commuter ferry.

“Today represents a major milestone for GDC and the Village of Ossining. Working together we have been able to transform a former industrial property into a magnificent mixed-use residential community featuring luxury rental residences, a first-class riverfront restaurant and a new public park where residents and their families can enjoy the incomparable beauty of one of the world’s greatest rivers,” said Martin Ginsburg, Principal of GDC. “As a transit-oriented development, Harbor Square appeals to both millennials and empty-nesters who want the convenience of being just a short walk to the Metro-North train station,” he added.

“The dedication of Henry Gourdine Park and the ribbon cutting of Harbor Square herald an exciting new chapter for Ossining’s waterfront. Is there any place more magnificent to watch a sunset than over the Hudson River? We are delighted to be welcoming this new opportunity for more people to enjoy the beauty our village,” said Ossining Village Mayor Victoria Gearity.

“I am truly impressed by the ambition of Harbor Square, and the scope of what

will be offered to Ossining and the entire county as a result,” said Westchester County Executive Robert P. Astorino. “Westchester County is proud to have supported this project.” The County’s Industrial Development Agency provided financial incentives for the project.

“The Department of State is proud to help New York State’s waterfront communities become more vibrant and economically developed,” said New York Secretary of State Rossana Rosado. “The completion of Henry Gourdine Park along the Ossining waterfront will improve public access to the Hudson River and provide recreational and economic opportunities for the Village.”

Conveniently located across from the Metro-North train station, Harbor Square features 188 luxury rental apartments in a wide variety of one- and two-bedroom layouts with many featuring separate powder rooms and den/studies with some large enough to function as a guest room. As a waterfront property, many units offer bay windows and balconies with breathtaking views of the Hudson River.

One-bedroom apartments range from a 683 square foot unit priced from $2,395 to a unique 1,114 square-foot one-bedroom that lives like a home with a separate dining room, large den/guest room and two full baths priced at $3,295. Two bedroom units range from $3,195 for a 1,156 square-foot apartment to $6,000 for a 1,448 square-foot Penthouse corner apartment with walls of glass and head-on river views.

The apartment homes at Harbor Square boast fixtures and finishes more often found in a luxury condo than a rental. The Euro-style open kitchens feature center islands or a Parsons table breakfast bar; white lacquer and wood grain cabinetry; quartz countertops; under-mount sink with bar-style faucet with pull down spout, glass backsplash and stainless steel appliances. The designer bathrooms feature walk-in showers in all master baths with an adjustable showerhead. The apartments, which have wood laminate flooring in living areas and premium carpeting in bedrooms, have large walk-in closets, window shades, solid core room doors and a ceiling fan in all master bedrooms.

As the only full service luxury rental building in Westchester’s river villages, Harbor Square offers 24-hour front desk concierge services with package and dry cleaning acceptance and penthouse amenities including a spectacular club lounge with Hudson River views; a first-class fitness center with available personal trainers; a spa with available treatments from licensed massage therapists, a yoga/motion room with classes and a rooftop pool and sundeck with BBQ stations. Residents also have access to a business center and café serving Starbucks coffee. There is even a pet wash!

Residents of Harbor Square will also enjoy programming and events that include wine tastings, guest lectures, personal enrichment classes, musical performances, art shows, resident parties both in the club and poolside and curated field trips to local cultural and historic sites.

Harbor Square also features a destination restaurant, offering fine and casual dining along the Ossining waterfront with an outdoor patio that seats 100 diners. The restaurant is currently undergoing interior construction and is scheduled to open in the fall.

Harbor Square marks the Westchester debut of Ginsburg Development’s GDC Rentals brand of luxury resort-style properties, which launched last year with the opening of Riverside, a 108-unit luxury rental on the Hudson River at GDC’s Harbors-at-Haverstraw community in Rockland County. Other GDC Rentals communities in development include River Tides at Greystone, a 330-unit luxury rental complex overlooking the Hudson in Yonkers, and The Lofts on Saw Mill River, which features 66 loft-style rental apartments in the Village of Hastings-on-Hudson. All GDC Rentals communities are pet friendly and smoke free.

GDC Goes Smoke-Free in All New Luxury Rentals in Hudson Valley

VALHALLA, NY (April 28, 2015) – Ginsburg Development Companies (GDC), one of the largest residential developers in the Hudson Valley, is going smoke-free in all of its new rental apartment complexes.

The new smoke-free policy applies to almost 700 luxury rental units coming on line in Yonkers, Ossining, Hastings-on-Hudson and Haverstraw. Residents and their guests will be prohibited from smoking in their apartments, the common areas and even outdoor areas such as pools, cabanas and other property amenities.

“This is an idea whose time has come,” said Martin Ginsburg, Founder and Principal of Valhalla-based GDC. “People, especially young adults, are more health-conscious and more sensitive to secondhand smoke than ever before. We’ve had residents complain about smoke drifting in from their neighboring apartments. Even one or two people smoking in a building can make a lot of other residents uncomfortable.”

Ginsburg’s move was applauded by Maureen Kenney, Director of POW’R Against Tobacco, an organization that works to reduce tobacco use in Putnam, Orange, Westchester and Rockland counties.

“Everyone deserves to breathe fresh air,” Kenney said. “As consumers are becoming more aware of the dangers of secondhand smoke, the demand for smoke-free housing options has steadily trended upward over the past decade.”

She cited a study showing that 60 percent of the air in an apartment building comes from surrounding units – a sobering fact in light of a 2014 report from the U.S. Surgeon General which concluded that there is no safe level of exposure to secondhand smoke. Secondhand smoke increases risk of heart disease, cancer and strokes in adults. Children and infants exposed to secondhand smoke are more susceptible to respiratory problems, middle ear disease and Sudden Infant Death Syndrome, according to the Surgeon General.

“We hope that many developers across New York State and across the country will follow Martin Ginsburg’s lead,” Kenney said. “This is a policy decision that will no doubt improve the health and quality of living of his tenants.”

Read the Journal News/LoHud coverage of this story HERE.

Ginsburg Breaks Ground on $100 Million River Tides at Greystone Luxury Rentals – Yonkers Project Marks Debut of New GDC Rentals Brand

YONKERS, NY (October 21, 2014) – Construction of one the largest residential developments to be built in Yonkers in recent years got underway today as City officials joined with executives of Ginsburg Development Companies (GDC) to break ground for River Tides at Greystone, a new $100 million, 330-unit luxury rental complex overlooking the Hudson River.

 

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(Pictured from left to right are Yonkers City Council Minority Leader Michael Sabatino, Council Member Dennis Shepherd, City Council President Liam McLaughlin, Mayor Mike Spano, Developer Martin Ginsburg, New York State Assembly Member Shelley Mayer, Council Member Christopher Johnson, Majority Leader John Larkin and Council Member Mike Breen at the Groundbreaking Ceremony of GDC’s River Tides luxury rental development.)

 

Located just a short walk from the Greystone Metro-North station, River Tides at Greystone will set a new standard for luxury rental living in Westchester County offering Manhattan-style finishes and amenities as well as breathtaking views of the Hudson River and the Palisades.

The debut of River Tides at Greystone marks the launch of the Ginsburg’s new GDC Rentals brand of luxury rental apartment buildings. “Set against the backdrop of one of the most spectacular views in North America, we are extremely excited to break ground on River Tides, which will become a flagship property of the new GDC Rentals brand,” said Martin Ginsburg, Principal of GDC, which currently has riverfront luxury rental communities under way, Riverside in Haverstraw and Harbor Square in Ossining.

Designed in a stunning contemporary architecture with expansive exterior corner walls of glass, the 10-story River Tides at Greystone will feature a mix of studio, 1-bedroom, 2-bedroom and 3-bedroom units, many with direct views of the Hudson. Luxury amenities include full concierge service, elegant two-story lobby, elegant club lounge; fitness and wellness center with available personal trainers, yoga classes and spa treatments; and a spectacular resort-style swimming pool and deck with cabana seating, seven barbecue stations, playground and outdoor firepit lounge. The apartments will feature stainless steel appliances, Euro-style cabinetry, stone countertops, bay windows and terraces, many with river views.

Located in a quiet residential neighborhood near the picturesque Untermyer Park, River Tides at Greystone will have a direct walkway to the Greystone Metro-North station which is just a 30-minute commute to Grand Central.

“There are absolutely no residential rental buildings in Westchester to compare with what we are offering at River Tides at Greystone,” Mr. Ginsburg said. “We are taking luxury rentals to a new level of elegance and resort-style living. We anticipate a broad market for the apartments at River Tides, from singles and young couples who are not yet ready to purchase a home, to New York City rail commuters, to empty nesters who want a truly exciting residence where they can live in a resort-like environment all year long.” First residential occupancy is expected in Fall 2016.

GDC has owned the site in the Greystone section of Yonkers since the 1970’s, a neighborhood where the firm previously built more than 600 rental and condo units. “This is our prime site in the neighborhood. Until now all of the factors didn’t come together to develop it,” said Mr. Ginsburg.

“The City of Yonkers is delighted that Martin Ginsburg’s commitment to invest in our city has never wavered and today we welcome the beginning of River Tides, a project that will certainly establish Greystone as one of the premier apartment neighborhoods in Westchester,” said Yonkers Mayor Mike Spano. “We are particularly pleased that River Tides will have its own walkway to the Greystone Station of Metro-North Railroad, reflecting our commitment to Transit-Oriented-Development.”

River Tides at Greystone is receiving benefits from the Yonkers Industrial Development Agency that include $3.7 million in mortgage recording tax and sales tax exemptions. “The public-private partnership between GDC and our IDA demonstrates the willingness of our city to work with the private sector to stimulate investment in Yonkers,” said Mayor Spano, Yonkers IDA Chairman. “This property, which has been taxed as vacant land for decades, will now become an important addition to the city’s tax base.”

In addition to generating new tax revenue for Yonkers, River Tides at Greystone is expected to create more than 300 construction jobs over a period of two years.

Westchester-based GDC has been the leading builder of luxury townhome condominiums in the northern suburbs of New York City over the last several decades. River Tides at Greystone, along with the ongoing construction of Harbor Square in Ossining and Riverside in Haverstraw, represents a new company focus on building luxury rental apartments.

Equal HousingEqual Housing
GDC is fully committed to Equal Housing Opportunity and we fully comply with the Federal Fair Housing Act, including, without limitation, the inclusion in all units of features required by the FHA for persons with disabilities. We do not discriminate against any person because of race, color, religion, sex, disability, familial status, or national origin. All applications are judged on the same standards: Income Verification, Rental History, Credit History and a Criminal Background Check, one person or family at a time, on a first come, first served basis.