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Veris Trades Development Site in White Plains CBD

CBRE arranged the sale of 1 Water St., a 1.3-acre development site located in White Plains, NY, to David Gaber of Bijou Properties and Kavneet Sethi of Green Property LLC. The CBRE team of Jeffrey Dunne, Eric Apfel and Travis Langer represented the seller, Veris Residential.

The site is located at the eastern edge of the White Plains Central Business District directly adjacent to the White Plains Train Station. The location offers convenient access to White Plains’ shopping centers, government offices and the city’s evolving urban landscape. It is currently approved for a 301-unit residential high-rise.

Dunne said, “The offering represented a unique opportunity to buy a significant site adjacent to the White Plains train station. This is one of the best locations in White Plains in a neighborhood undergoing a tremendous transformation and will provide future residents access to Grand Central Terminal in as few as 39 minutes.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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