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Developer reports 60 South Broadway under contract; council urged to maintain approval extension
Summary
Applicant representatives told the Common Council that the 60 South Broadway property is under contract with a prospective buyer and asked the council to keep the project's approvals active while the buyer completes due diligence.
Neil Alexander of Cutting and Fader, representing the applicant for the 60 South Broadway project, told the White Plains Common Council on March 31 that a buyer has the property under contract and the parties hope to close in the first half of the year.
Alexander said the owner — an entity the applicant retained a national brokerage to market the site — decided not to build the project itself and identified a purchaser through that brokerage. “They…
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