Azorim secures financing for final phase of Yonkers complex

An Israel-based development firm is preparing to put the finishing touches on a massive multifamily complex a dozen miles north of Manhattan. Azorim landed $69 million in construction financing from Western Alliance Bank for the fourth and final building of Mizora at Ridge Hill in Yonkers, the Commercial Observer reported. This component of the master-planned community in the Westchester County city is at 599 Ridge Hill Boulevard. The financing will support work on a 14-story, 174-unit building, dubbed Mizora Tower 4 (Mizora is “Azorim” spelled backward). There will also be 248 parking spaces as part of this phase of the […]

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