Stunning Development Projects Are About To Return Tarrytown To Its Glory Days
One ambitious property developer is recreating a new “Millionaire’s Row” in Tarrytown.
There was a time when Tarrytown in Westchester was the playground of some of New York’s most affluent families. Mansions of oil barons, real estate, and finance tycoons such as the Rockefellers, Morgans and Lehmans made up what was known in the 1870’s as “Millionaire’s Row”. It comprised 61 castles and mansions, some of which are still standing.
In recent years, Tarrytown has lost a little of its shine. Still a bucolic middle/upper class enclave just outside of NYC, the type of money that would have once called it home are now likely to be in the Hamptons. Developer Andy Todd of Greystone Mansion Group is on a mission to return the town to its glory days.
Todd, according to Forbes, has purchased 100 acres and plans to build 21 homes priced between $4 million and $20 million in an enclave known as Greystone On The Hudson. His rationale—why spend the same amount for a condo in the city when you can be in a mansion with panoramic views and more square footage, and still be a stone’s throw—13 miles from—NYC?
Todd may believe in his project but he’s not foolish enough to attempt to build all spec houses on such a grand scale. After putting in roads, three have presently sold including two fully completed properties. The size and scope of some of Todd’s properties make a standard McMansion look like a rabbit hutch.
For $12.955 million of asking price, the buyer of 6 Carriage Trail will get the following:
- a 22,000-square-foot stone mansion, set on 2.83 acres
- Nine bedrooms, including three in a private guest suite.
- 11 full and three half-baths. According to a brochure, the master closets alone are about the size of a Manhattan apartment.
- A 14-seat movie theater.
- A wine cellar.
- Outdoor kitchen near the pool.
- Indoor basketball court complete with two locker rooms and a rock climbing wall.
- Two-story library that will be finished in dark mahogany and include a rolling library ladder.
Developer Todd clearly wants to replicate rather than imitate the building standards of a century or more ago, forgoing the idea of brick and stone veneers which are usually used in contemporary home building. Manhattan Schist stones were quarried and chiseled on site. Inside the home are triple-thick walls. The windows and doors are each being custom built by his company, the Greystone Mansion Group, for each home in the complex. Such attention to detail is what Todd tells Forbes, separates Greystone from the “Toll Brothers world.”
Indeed, the houses do seem like original mansions rather than “inspired by” knock offs. But such labor intensive work comes with hefty price tag. Greystone Mansion Group clearly hopes the Tarrytown market can handle it. If it can, surely a building bonanza awaits.
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