Former Reader's Digest HQ reopens as apartments

Posted: Updated:
CHAPPAQUA -

Westchester County Executive George Latimer joined developers Thursday to cut the ribbon on the newly renovated former headquarters of Reader's Digest -- now the Chappaqua Crossing apartment building.

The project includes 26 market rate apartments, which begin at around $3,000 a month, and 38 affordable housing units, which cost slightly above $1,000 to rent. The affordable units are part of the county's agreement with the Department of Housing and Urban Development to build more affordable housing in wealthy Westchester communities.

The four-story building was originally erected in 1939. 

Other areas of the former Reader's Digest campus have been turned into a mix of office and retail space. Major construction is underway across the 114-acre property.

In the end, it will include a Whole Foods Market, shops and restaurants and a gym.

  • BusinessMore>>

  • Teva settles with Oklahoma for $85 million in opioid case

    Teva settles with Oklahoma for $85 million in opioid case

    Sunday, May 26 2019 1:01 PM EDT2019-05-26 17:01:24 GMT
    Monday, May 27 2019 6:02 AM EDT2019-05-27 10:02:16 GMT
    One of the drugmakers named in Oklahoma's lawsuit over the opioid crisis has agreed to a settlement in which it will pay the state $85 million.
    One of the drugmakers named in Oklahoma's lawsuit over the opioid crisis has agreed to a settlement in which it will pay the state $85 million.
  • Trump breaks with Abe, says not bothered by NK missile tests

    Trump breaks with Abe, says not bothered by NK missile tests

    Sunday, May 26 2019 8:21 PM EDT2019-05-27 00:21:46 GMT
    Monday, May 27 2019 6:01 AM EDT2019-05-27 10:01:51 GMT
    (Kiyoshi Ota/Pool Photo via AP). U.S. President Donald Trump, left, speaks as he dines with Japan's Prime Minister Shinzo Abe at the Inakaya restaurant in the Roppongi district of Tokyo, Sunday, May 26, 2019.(Kiyoshi Ota/Pool Photo via AP). U.S. President Donald Trump, left, speaks as he dines with Japan's Prime Minister Shinzo Abe at the Inakaya restaurant in the Roppongi district of Tokyo, Sunday, May 26, 2019.
    (Kiyoshi Ota/Pool Photo via AP). U.S. President Donald Trump, left, speaks as he dines with Japan's Prime Minister Shinzo Abe at the Inakaya restaurant in the Roppongi district of Tokyo, Sunday, May 26, 2019.(Kiyoshi Ota/Pool Photo via AP). U.S. President Donald Trump, left, speaks as he dines with Japan's Prime Minister Shinzo Abe at the Inakaya restaurant in the Roppongi district of Tokyo, Sunday, May 26, 2019.
    President Donald Trump is heading to the Imperial Palace in Tokyo for his state call with Japan's new emperor.
    President Donald Trump is heading to the Imperial Palace in Tokyo for his state call with Japan's new emperor.
  • The Latest: Trump agrees with Kim on Biden's "low IQ"

    The Latest: Trump agrees with Kim on Biden's "low IQ"

    Sunday, May 26 2019 8:51 PM EDT2019-05-27 00:51:28 GMT
    Monday, May 27 2019 6:01 AM EDT2019-05-27 10:01:43 GMT
    Trump and Japan's Emperor Naruhito walked along a red carpet in the courtyard of the Imperial Palace after meeting on Monday amid pomp and pageantry.
    Trump and Japan's Emperor Naruhito walked along a red carpet in the courtyard of the Imperial Palace after meeting on Monday amid pomp and pageantry.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account 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."