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70 Westchester

White Plains, NY

Multifamily - Construction

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70 Westchester

MULTIFAMILY - CONSTRUCTION

ACRES Capital Corp. has secured a $96 million first mortgage construction loan to finance the development of 70 Westchester, a Class A mid/high-rise multifamily property in White Plains, New York.

This property consists of:

• Best-in-class apartment finishes and amenities
• Outdoor pool
• Private dining room,
• E‑sports lounge
• Fitness center
• Dog park
• Rooftop lounge
• Co-working space
• EV parking.

Unit interiors will include:

• Full appliance packages
• Quartz countertops
• High-quality kitchen and bath finishes.
• The “L”‑shaped structure will feature a 4-story wing and a 10-story wing above a cast-in-place concrete parking deck, with construction targeting completion in Fall 2027.

$96 Million

Loan Amount

Construction Loan

Loan Product

“White Plains continues to distinguish itself as Westchester County’s premier live‑work hub, with top-tier retail, strong regional connectivity, and sustained multifamily demand. Our financing supports an experienced sponsorship team in delivering a high-quality, well-located asset designed to meet the expectations of today’s renters and the market’s long-term growth.”

- Mark Fogel

Chief Executive Officer and President of ACRES

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