Edge-on-Hudson Completes $4.6 Million Developer Contribution to Village of Sleepy Hollow
Award-Winning Community Reaches 50% Occupancy Milestone
It’s one thing to have a vision on paper, but to see residents creating new memories and making this community their home has been so gratifying.”
SLEEPY HOLLOW, NY, UNITED STATES, March 4, 2026 /EINPresswire.com/ -- Biddle Real Estate Ventures and PCD Development, the master developers of Edge-on-Hudson, the mixed-use transit-oriented community rising along the waterfront in Sleepy Hollow, NY, announced a major project milestone, as the community received its 587th Certificate of Occupancy. The CO’s issued amount to 50% of the total 1177 total units planned at Edge-on-Hudson and triggered a developer contribution of $4.6 million to the Village of Sleepy Hollow. — Peter Chavkin, Managing Member, Biddle Real Estate Ventures (BREV)
The award-winning community has proved extraordinarily popular with townhome and condominium buyers, as well as with those seeking to lease apartments, as demand has outpaced supply. Townhomes currently under construction in Phase 1 of the new One Kingsland neighborhood at Edge-on-Hudson sold-out just five months after their sales-launch, with Phase 2 nearly sold-out and Phase 3 planned for spring release. At The Daymark, waterfront condominiums are more than 90% sold.
Previously completed townhomes and condominiums from Toll Brothers at Edge-on-Hudson fully sold-out in 2023. Similarly, apartment leases at Northlight and Emerson at Edge-on-Hudson, including affordable housing units, are consistently in high demand.
The community has been an economic catalyst for the Village of Sleepy Hollow, transforming a long-shuttered former General Motors Assembly site along the waterfront to a vibrant mixed-use community. Edge-on-Hudson has enhanced the tax-base for the Village, as well as providing direct payments such the latest contribution triggered by the CO milestone. In addition, the development has restored public access to a section of Hudson River waterfront that had been inaccessible for over a century, with completion of Phase 1 of the Sleepy Hollow RiverWalk at Edge-on-Hudson in 2022.
Sleepy Hollow Mayor Marjorie Hsu commented, “While the Edge-on-Hudson development brings clear economic benefits to our Village, we are also delighted at the way in which this new neighborhood already brings additional vibrancy and opportunity to Sleepy Hollow. We are very committed to strengthening the connectivity between old and new neighbors as we build a better Sleepy Hollow for all. We appreciate the long-term partnership that has brought Edge-on-Hudson to this milestone and look forward to the completed Riverwalk and exciting retail development and restaurants that benefit all of our residents and many visitors.”
Peter Chavkin, Managing Member of Biddle Real Estate Ventures, added, “It’s one thing to have a vision on paper, but to see residents creating new memories and making this community their home has been so gratifying. We’re grateful to officials in the Village of Sleepy Hollow from the Mayor and Board of Trustees to the Planning Board and Village staff for their support in making sure that Edge-on-Hudson provides amenities that benefit all residents of the Village.”
Jonathan Stein, Founder and Managing Director of PCD Development, said, “There’s no doubt that Edge-on-Hudson is valuable to the local economy, but it’s always been our goal to accomplish more than that. We feel we have created a destination that enhances the lives of local residents and at the same time, attracts new visitors and businesses to Sleepy Hollow.”
Edge-on-Hudson is located just 25 miles north of Manhattan, within walking distance between two Metro-North train stations (Tarrytown and Philipse Manor), affording express access from Grand Central in just 40 minutes. Edge-on-Hudson is set to include 1,177 townhomes, condos and apartments; a 140-room boutique hotel; 135,000 square feet of retail space and 35,000 square feet of office space, in addition to more than 16 acres of new parkland.
DeCicco & Sons Sleepy Hollow opened a stunning 50,000 square foot market at Edge-on-Hudson in March of 2025, including a second level bar and restaurant with outdoor seating. In 2026, a new medical office building at Edge-on-Hudson is expected to break ground; construction of the North Meadow adjacent to Kingsland Point Park will commence; and additional retail signings are anticipated.
About Biddle Real Estate Ventures (BREV)
Headquartered in New York City, BREV is focused on mixed-use, master-planned communities, with proven expertise in resolving complex land-use and financing issues. The firm is dedicated to creating communities of the highest quality that reflect the local history, culture and context of their settings. BREV is known for its deep capital market relationships as well as thoughtful community engagement with all stakeholders during the earliest stages of a project - ensuring financial viability and win-win development outcomes. The company is led by a close-knit team of professionals who have been associated with the successful development of more than 5,000 new homes throughout the New York tri-state areas and Northern Virginia. www.biddlerev.com.
About PCD Development
PCD Development is a full-service real estate development firm. Its fully integrated team is involved in all real estate services, including those related to acquisitions, underwriting, diligence, design, entitlements, construction management, financing, leasing, sales, and property management. With over $2 billion in assets in the development pipeline, including some of the largest master-planned, mixed-use communities in the greater NYC area, PCD is one of the most active developers in the region. www.pcd-development.com.
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