Greenburgh OK's Sale Of Former Frank's Property To Senior Housing Developer
GREENBURGH, N.Y. -- The town of Greenburgh announced Wednesday the sale of 715 Dobbs Ferry Road, the former site of Frank's Nursery and Craft Center.
Capital Senior Housing LLC has purchased the plot, according to town records, and plans to construct a 90-100 unit assisted living community on the land.
"In recent years residents have encouraged the town to sell the property, which we took over by foreclosure, for residential purposes or for an assisted living facility," Town Supervisor Paul Feiner said. "Our current code authorizes assisted living facilities to be built at this location so no zoning changes will be required. We hired a broker over a year ago to help us market the property and worked hard to market the property."
The $3,525,000 sale was "the best offer we received" Feiner added.