Hines Tops Off Apartments at $1B MXU on Hudson Waterfront
Hines has topped off construction on NorthLight at Edge-on-Hudson has topped off. The new apartment community in Sleepy Hollow, NY will bring 246 rental apartments to Edge-on-Hudson, a $1-billion, 70-acre phased master-planned development north of New York City.
The NorthLight site was purchased fully entitled in October 2019 in a joint venture with MetLife Investment Management. Santander Bank and Provident Bank provided construction financing for the project.
“Our experience creating one-of-a-kind rental housing options ensures that NorthLight at Edge-on-Hudson will become the most sought-after lifestyle community for renters seeking an amazing waterfront setting combined with convenient access to New York City,” said Tommy Craig, senior managing director, Hines.
He added, “Hines’ renewed commitment to raising the bar for multifamily housing in the Northeast region is coming together as NorthLight nears completion and our rental project in New Haven, The Whit Wooster Square, progresses.”