55
YONKERS, N.Y. — Construction has commenced for two new multifamily communities in Yonkers. Grant Park at Croton Heights is a $45.5 million project that will provide 100 affordable apartment units. Park Terrace at Croton Heights is a $19.1 million project that will provide 49 rental units of senior housing. Both projects are being constructed on the former site of the Mulford Gardens Public Housing Complex and are part of Phase II of the Croton Heights project. Completion for both is scheduled for spring 2011. The developers are The Yonkers Municipal Housing Authority, The Richman Group and Landex Development. Rental housing Management Partnership will manage both projects upon completion.