THE ASSIGNMENT
The sale and relocation of the Tarrytown YMCA in downtown Tarrytown.
THE CHALLENGE
The highest and best use for the building was for a multi-family conversion. Buy-in from the town of Tarrytown was critical. The relocation of YMCA’s operation was another challenge as their requirements were very specific and their geographic location very tight. This left very few options.
THE RESULT
Our sales and leasing teams collaborated. The sales team found an ideal regional developer who worked hand in hand with the town. The YMCA received the full asking price of $6.4 Million. The leasing team was able to find a short-term location while looking for the YMCA’s long-term ideal home.