Underhill Crossing, 60 units of affordable housing, is located in Yorktown Heights, in Northern Westchester County, 35 miles from New York City. Surrounded by rolling hills, farmland, residential areas and light industry, Underhill Crossing has a perfect mix of privacy and accessibility.
The preservation of Underhill Crossing as affordable housing was imperative to Westchester County, as it is one of the few LIHTC properties located in Yorktown Heights. Marathon worked together with local elected officials to ensure residents in Yorktown Heights had an option for quality, affordable housing, in a community they could be proud to call home.
One of Marathon’s most recent projects, Underhill Crossing’s redevelopment was completed in December 2012. Marathon updated the buildings, providing a fresh new look. Interior common areas received updated finishes including flooring, paint, signage, etc. New landscaping, natural stone walls and park benches were placed throughout the property. Durable, low-maintenance, but contemporary materials were used to make all common areas feel like new again. Unit interiors were totally renovated with new kitchens including all wood cabinetry, new counters, and Energy Star appliances and lighting. All bathrooms were updated with various new finishes and all new water-conserving fixtures and new lighting. The remainder of the areas within the apartments received new wood/vinyl flooring, paint, lever handle door hardware, new electrical devices, new life safety systems such as hardwired smoke and CO detectors, security cameras and two new emergency generators.
Total Development Cost
- $10.3 million
Completion
- 2012
Financing Highlights
- 9% LIHTC with tax exempt bonds
- Energy Efficiency Funding through NYSERDA
- Weatherization Assistance Progam
Green Building
- Comprehensive Energy Audit
- Energy Star lighting & appliances
- Envelope Improvements, including LOW-E/Argon windows, additional roof insulation and air sealing
- Water conserving fixtures
- High efficiency boilers and motors
- Low VOC paint
- Two rooftop solar/PV systems
- LED lighting