White Plains, NY CBRE brokered the sale of 1 Water St., a 1.3-acre development site 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 access to shopping centers, government offices, and the city’s evolving urban landscape. The site is approved for a 301-unit residential high-rise. 

Dunne said, “The offering represented a highly 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 that is undergoing a tremendous transformation and will provide future residents access to Grand Central Terminal in as few as 39 minutes.”

Apfel said, “We are pleased to have represented our client, Veris Residential in the sale of their site at One Water St. We expect that David Gaber of Bijou Properties and Kavneet Sethi of Green Property LLC will bring fresh energy to this project and contribute to the ongoing rejuvenation of White Plains. We look forward to seeing this project take form.”