Howard Properties Named Leasing Agent For SoYo Building in Downtown Yonkers

John Jordan | January 2019

SoYo Tower on the Hudson

YONKERS—Howard E. Greenberg, president of Howard Properties Ltd. based in White Plains, recently announced that the firm has been named exclusive leasing agent for the SoYo Tower on the Hudson in Yonkers.

The classic Art Deco office building, dating back to 1931, contains approximately 148,000 square feet of space, and is located in the Yonkers Central Business District. Designed by renowned Yonkers architect, William P. Katz, the one-of-a-kind lobby features Terrazzo flooring, marble wall finishes and elaborate ceiling tile work. Available spaces for lease are customizable and include exposed concrete slab high ceilings, oversized six-foot window sand river views

Among the amenities in the SoYo area are the Metro-North Station, the Riverwalk along the Hudson River waterfront, and numerous restaurants, bars and a craft beer brewery.

The City of Yonkers is in the midst of a renaissance, with more than $2 billion in development in process, including more than 5,000 units of multi-family housing.

“SoYo Tower on the Hudson checks all of the boxes with its location and amenities,” Greenberg said. “It is a short walk from the Metro-North, served by public transportation and a parking structure adjacent to the building. There are sweeping views of the Hudson River and the Palisades from almost every office suite.”

The building was recently purchased by Chestnut Holdings, a substantial, hands-on owner/operator of multi-family, retail and office assets in New York City, Washington D.C. and other markets. The new owner’s intention is to restore the building to its former grandeur. common areas will be updated to complement the loft-style office space that features open ceilings and oversized windows that take advantage of the beautiful views.

“Chestnut Holdings will be a trailblazer in Yonkers,” Greenberg noted. “It will reposition SoYo Tower on the Hudson as the centerpiece of quality office space in the city, with all of the features that today’s millennial work force desires.”

John Jordan
Editor, Real Estate In-Depth