Brynwood Cuts Housing For Revised Armonk Proposal | Armonk Real Estate
A revised redevelopment proposal for Armonk’s Brynwood Golf & Country Club includes fewer housing units and some site changes.
Mark Weingarten, an attorney for owner Brynwood Partners LLC, gave an overview of the changes at the North Castle Town Board’s meeting on Wednesday, Nov. 5.
The housing changes include a cut in the units to 80, down from 88 in a previous iteration. The new unit mix includes 63 condos that would be market rate, 10 “Golf Cottages” that would be taxed like single-family homes and seven affordable housing units.
Additionally, Weingarten discussed a potential alternative plan, which would involve keeping 80 on-site units but replace the affordable units with seven market-rate condos. In exchange, eight affordable units would be built off site. This scenario depends on whether offsite space could be found, Weingarten disclosed.
The housing cut is the latest for Brynwood, which originally proposed 243 units.
One notable measure calls for Brynwood to enter into an agreement with North Castle for paying the difference between the condos’ taxes and funds that would be collected if they were taxed as single-family residences. The residents of the homes would be responsible for these payments, according to Weingarten.
Another measure in the revised proposal, according to Weingarten, includes agreeing to a permanent conservation easement that would restrict future use on the site. The easement would leave a golf course and open space as the only options.
Armonk Real Estate
Mark Weingarten, an attorney for owner Brynwood Partners LLC, gave an overview of the changes at the North Castle Town Board’s meeting on Wednesday, Nov. 5.
The housing changes include a cut in the units to 80, down from 88 in a previous iteration. The new unit mix includes 63 condos that would be market rate, 10 “Golf Cottages” that would be taxed like single-family homes and seven affordable housing units.
Additionally, Weingarten discussed a potential alternative plan, which would involve keeping 80 on-site units but replace the affordable units with seven market-rate condos. In exchange, eight affordable units would be built off site. This scenario depends on whether offsite space could be found, Weingarten disclosed.
The housing cut is the latest for Brynwood, which originally proposed 243 units.
One notable measure calls for Brynwood to enter into an agreement with North Castle for paying the difference between the condos’ taxes and funds that would be collected if they were taxed as single-family residences. The residents of the homes would be responsible for these payments, according to Weingarten.
Another measure in the revised proposal, according to Weingarten, includes agreeing to a permanent conservation easement that would restrict future use on the site. The easement would leave a golf course and open space as the only options.
Armonk Real Estate
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