Rye Real Estate Company Plans $15M Yonkers Hotel

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YONKERS, N.Y. -- Rye-based developer Alfred Weissman Real Estate, LLC, recently announced plans to build a $15 million, 150-room hotel on Tuckahoe Road in Yonkers, according to the Westchester County Business Journal.

The proposed 188,000-square foot hotel will occupy vacant land at 555 Tuckahoe Road and will create 50 permanent jobs, according to the article.

The Yonkers Industrial Development Agency board reportedly approved about $923,000 in mortgage and sales tax exemptions.

The hotel itself will be a national brand, according to the article.

Click here to read the full Westchester County Business Journal report.

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