4 New Housing Developments Will Transform Mount Vernon, Mayor Says

MOUNT VERNON, NY — Four new housing developments will transform the economy, create jobs, and increase the quality of life in the city, Mayor Richard Thomas announced. The series of market-rate development projects in mount Vernon will build 888 units. The projects represent over $300 million in investment.

Thomas was joined Friday at a press conference by Joe Simone of Simone Development; Carlton Brown of Direct Investment Corporation; Sam Mermelstein of Enclave Equities; and Mark Alexander of The Alexander.

“We are so excited to be here and to be a part of the resurgence of the city of Mount Vernon," Alexander said. "Fleetwood is a fantastic neighborhood and we are looking forward to breaking ground on a complex that will offer the best amenities in all of southern Westchester.”

David Gentner, CEO of the Wartburg, also joined to affirm his commitment to developing a luxury retiree complex at an estimated $65 million.

Gov. Andrew Cuomo has dedicated $2.5 billion in funds for housing that has made market-rate projects attractive to investors and boosted the vision of transformative housing, Thomas said. “I am proud to share the vision of Governor Andrew Cuomo in promoting developments that change lives, and cities, for good. These developers have brought forth projects that will create jobs, seize new opportunities, and activate our economy.”

Here are more quotes from the press conference:

Elvis Cordova, former Obama appointee and official with the Mount Vernon Urban Renewal Agency said, “All good business people know it’s about time, location, and team. It depends on public-private partnerships, something we are all committed to. We believe in self-determination, spurring innovation, and ushering economic development that is transformational for the people of Mount Vernon.”

L’Judie Simmons said, “If you are fireman, policeman, city worker – these buildings are for you. You will not be disappointed.”

Carlton Brown, Direct Investment Corporation said, “Direct Investment Corporation believes in catalytic development in Mount Vernon that is transforming the city. Thanks to Governor Andrew Cuomo and Mayor Richard Thomas, Mount Vernon has become the community of choice.”

Sam Mermelstein, Enclave Equities said, “I’m proud to stand here with Mayor Richard Thomas. Enclave Equities believes in the future of Mount Vernon. We are developing here because we know this is the place to be – for millennials, young families, seniors, and all those who cherish a close-knit community.”