Historic Yonkers building gets new lease on life

Yonkers Mayor Mike Spano broke ground on a historic building that will soon get a new lease on life.

The former Otis Elevator building at 9 Bashford St. will be transformed into 100 "micro-unit" apartments.

Developer Joe Cotter says with the housing market being so expensive in Westchester County, young professionals will be attracted to the building, which is named "Uno" for its relative affordability.

"Our apartments are priced to be $1,500 to $1,800 a month to allow singles to live on their own if they choose," he said.

The micro-units will range in size from 400 to 800 square feet, but what they lack in size, they will make up for in high ceilings and oversized windows.

Tenants are expected to start moving in next spring.

News 12 has learned that the building is 95 percent leased already.

The cost of the construction project is about $15 million.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."