NEW CITY, N.Y. -- A Massachusetts-based developer is hoping to purchase one of Rockland County's deteriorating buildings from the 1960s in New City for $4.51 million and replace it with senior housing, according to lohud.com.
According to Rockland County Executive Ed Day, if the deal goes through, National Development Acquisition LLC, would tear down the six-story Sain Building and construct a two-story, 64-unit senior assisted housing building, said lohud.com.
The company's offer exceeded the county's $4 million appraisal, Day said. The plans call for a 60,000-square-foot building with apartments for seniors. Day added that with a growing senior population in Rockland and Clarkstown, the building would be a good fit for the neighborhood, added lohud.com.
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