Northlight at Edge-on-Hudson
Northlight at Edge-on-Hudson
Thoughtful design and innovative living spaces in a highly sought-after location
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About Northlight at Edge-on-Hudson
Northlight at Edge-on-Hudson features 246 luxury apartments in Phase Two of Edge-on-Hudson, a mixed-use, transit-oriented development set on a 70-acre site on the banks of the Hudson River in Sleepy Hollow, New York—located 20 miles north of New York City. Master-developed by SunCal and Diversified Realty Advisors, it is within walking distance of two Metro-North commuter train stations, as well as parks, trails, historic sites, and active neighborhoods.
The property features above-average-sized units (about 1,000 square feet) with premium design features. About a quarter of the apartments have dens and home offices, which have been well-received in the market. Hines was able to utilize zoning-required setbacks to build more private outdoor spaces and had partnership alignment to deliver sustainable design features, including solar technology.
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Where Innovations in Multifamily and Mixed-Use Development Join Forces
Upon final completion, Northlight will include 1,177 units of housing, a 140-room boutique hotel, 135,000 square feet of retail space, 35,000 square feet of office space, and more than 16 acres of parkland. The project demonstrates Hines’ ability to integrate thoughtful design and infrastructure into innovative multifamily living spaces in the New York City area market.
Driving Growth in Sleepy Hollow's Residential Sector
Hines identified two key local demographic trends this project could address: young adults wanting for more space and baby boomers looking to downsize to amenitized rental spaces. The design is specifically tailored to support these trends, including larger-than-average unit sizes and ample storage spaces.
The Hines Difference
Given that the project is housed on a former General Motors assembly plant site, Hines capitalized on brownfield tax credits, which provide an additional $11 million in profits for the site. We offered to share these credits with the seller, which helped to differentiate the initial bid. The project also illustrates Hines’ role as developer, asset manager, and owner—emphasizing the firm’s end-to-end project capabilities.
Looking to the Future
The project is Hines’ first residential development in Westchester county (which has a high barrier to entry and few new Class A deliveries), but it won’t be our last. In fact, Hines’ success at Northlight has led to the second project nearby: the development of the Daymark, a 100-unit condo building. In other words, Hines’ success at Northlight has positioned the firm for future opportunities in this highly sought-after market.
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