
Click the link below to see the marketing materials titled: DEVELOPMENT PORTFOLIO | WESTCHESTER
https://realtyinvadvisors.com/listing/new-development-portfolio-westchester/
Developers bought these properties, removed the tenants, put up a chain link fence, and did absolutely nothing. Weeds grew, trash accumulated and homeless people took over the property. They are selling the lot at $28.3M without doing any upgrades and in most cases, they remain empty and have squatters living there trashing the inside and out.
Anytime someone tells us that this will increase affordable units, point them to this link and show how investors make multi-millions of dollars without doing anything.
This also shows how developers pick up as many properties on a street as they can get their hands on before they do what they want.
We asked a local Realtor to share the public details of these listings - Click here to see a collection of the above-mentioned properties: https://www.compass.com/c/sarah-howard/high-density-multi-family-south-of-manchester-90045
This CANNOT be our future!