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Tredway Buys 168-Unit Affordable Seniors Housing Complex in Peekskill, New York, Plans Rehabilitation
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Tredway Buys 168-Unit Affordable Seniors Housing Complex in Peekskill, New York, Plans Rehabilitation
PEEKSKILL, N.Y. — New York-based owner-operator Tredway has purchased a 168-unit affordable seniors housing complex in Peekskill, about 50 miles north of New York City. The property at 901-907 Main St. houses units that are reserved for renters earning 60 percent or less of the area median income. As a means of preserving affordability, Tredway plans to invest about $4.5 million in capital improvements to the property, including façade repairs, …
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