Veris Trades Development Site in White Plains CBD

Veris Trades Development Site in White Plains CBD
News| May 2, 2025| Paul Bubny
New York & Tri-State + Apartment Buildings

CBRE arranged the sale of 1 Water St., a 1.3-acre development site located in White Plains, NY, to David Gaber of Bijou Properties and Kavneet Sethi of Green Property LLC. The CBRE team of Jeffrey Dunne, Eric Apfel and Travis Langer represented the seller, Veris Residential.

The site is located at the eastern edge of the White Plains Central Business District directly adjacent to the White Plains Train Station. The location offers convenient access to White Plains’ shopping centers, government offices and the city’s evolving urban landscape. It is currently approved for a 301-unit residential high-rise.

Dunne said, “The offering represented a unique opportunity to buy a significant site adjacent to the White Plains train station. This is one of the best locations in White Plains in a neighborhood undergoing a tremendous transformation and will provide future residents access to Grand Central Terminal in as few as 39 minutes.”

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