Yonkers City Council approves Ridge Hill project
The Yonkers City Council voted to approve the controversial Ridge Hill development project during a special meeting Friday.
On Thursday, the developer of the $600 million project, Forest City Ratner, agreed to pay Yonkers $9.5 million a year in taxes. That amount is in addition to an estimated $20 million in sales revenue expected from the development. Those concessions, along with the promise of more affordable housing, helped sway some members of the council that were originally opposed.
Despite the concessions, Republican Councilman John Murtagh has been critical of the recent change in city law that allows only a four-vote majority of council members to approve zoning changes. This change will allow the project to go forward. Murtagh, who believes the change in the law was illegal, did not participate in Friday?s vote. The case of the legality of the zoning change is expected to be heard in state Supreme Court in January.
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