Single Family Feel in a 55-Plus Multifamily Property

8, May 2017

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via MFE — Livingston, NJ based developer BNE Real Estate Group knew that buying and developinfg a 45-acre, mostly vacant parecel 35 miles north in Pearl River, NY, meant dipping its toes further into the 55-plus age group, since that’s what area zoning dictated.

“It turned out to be a blessing since it was our first entry in that [Pearl river] market after working primarily on single-family and multifamily housing, and commercial and hotel development,” says Kristina Hedden, the firm’s vice president of marketing.

The 2015 purchase of the site that would be home to the 160-unit Club at Pearl River also required retaining a historic house on the property, dubbed the Seth House in memory of its last owners.

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