Regency Centers buys Rivertowns Square for $69 million

                      Rivertowns Square, the sprawling development off the Saw Mill River Parkway in Dobbs Ferry, has a new owner.
                      The site’s developer, Saber Dobbs Ferry LLC, sold the 116,000-square-foot property to Regency Centers for $69 million.“We’re very proud of this new mixed-use community we created and the quality of the development,” Martin Berger, co-developer of Rivertowns Square, said in a statement.

                      “It will surely season well over the long term as it’s truly a center that was designed and developed to meet the needs and desires of how people will live in the future and has become the model for Saber’s next two developments.” […].Read more

                      $42M in Financing Secured for Dobbs Ferry Mixed-Use Project

                      Rivertown-road-viewDOBBS FERRY—The developer of the $130-million Rivertowns Square project off the Saw Mill River Parkway here has secured $42 million in construction financing from M&T Bank and promises to resume work on the mixed-use project. In conjunction with the financing deal, developer Saber Dobbs Ferry, LLC reported that it will stage an official ground-breaking ceremonyfor the mixed-use project on Oct. 6. Saber Dobbs Ferry is a partnership between Saber D. F., an affiliate of Saber Real Estate Advisors, LLC, and Dobbs Ferry Capital Partners, an affiliate […].
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                      New tenants announced for Rivertowns Square, along Saw Mill River Parkway in Dobbs Ferry

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                      If your commute or list of weekend errands includes a drive along the Saw Mill River Parkway through Dobbs Ferry, surely you’ve noticed the huge new construction site developing at Lawrence Street/Exit 16.

                      Demolition of the 200,000-square-foot research building and laboratory has been completed, and now the $150 million mixed-use development known as Rivertowns Square is […]
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                      Country Club Estates

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                      Wall Street may have a bad case of the jitters this week, but commercial real estate development is alive and well and doing quite nicely in the Lower Hudson Valley.

                      Several long-dormant projects have come back to life in recent months, with new ones making their way through various municipal boards in Westchester and Rockland counties. Here are five projects to keep an eye on this fall.
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