Bronxville, located in Westchester County, New York, is a picturesque village with a rich history of real estate development. Over the years, the village has undergone significant changes, from the early 1900s to the present day. This article provides a timeline of the most notable events in Bronxville’s real estate development.
1900s-1920s: Bronxville was initially developed in the early 1900s as a suburb of New York City. The first residential community was established by William Van Duzer Lawrence, a New York City lawyer, in 1898. The community was named after his wife, Sarah Lawrence. The Lawrence family developed the village to provide a suburban lifestyle for wealthy New Yorkers. The construction of homes in the village was strictly regulated, ensuring a high level of architectural integrity.
1930s-1950s: In the 1930s, Bronxville saw a significant increase in residential development. The village became a popular destination for middle-class families seeking a suburban lifestyle. Developers began constructing single-family homes, duplexes, and apartment buildings to meet the growing demand. The construction of the Bronx River Parkway in the 1950s increased accessibility to the village and further fueled development.
1960s-1980s: The 1960s and 1970s saw a decline in real estate development in Bronxville due to the economic recession. Many developers were forced to abandon their projects, and the village saw a decrease in property values. However, in the 1980s, the village experienced a resurgence in real estate development. The construction of new luxury apartment buildings, such as Kensington Gardens and Midland Gardens, attracted wealthy residents to the village.
1990s-present day: The 1990s saw continued growth in real estate development in Bronxville. The construction of new luxury townhouses and condominiums, such as the Gramatan Court and the Kensington Woods, provided a range of housing options for residents. In the early 2000s, the village underwent a significant redevelopment project, which included the construction of a new library and a revitalization of the downtown area.
Today, Bronxville remains a highly desirable location for real estate development. Developers continue to construct luxury properties in the village, attracting affluent buyers from New York City and beyond. Despite the increasing development, Bronxville has managed to maintain its unique character and charm, with a focus on preserving its architectural heritage.
In conclusion, the real estate development timeline of Bronxville highlights the evolution of the village over the years. From its initial development as a suburban community for wealthy New Yorkers to its current status as a highly sought-after destination for luxury real estate, Bronxville has undergone significant changes. Despite the growth, the village has managed to maintain its unique character, making it a desirable location for those seeking a suburban lifestyle with easy access to New York City.
