The former Domino Sugar Refinery β 33 acres on the Hudson β just hit the market. Here's what it means for you.
If you've been watching Yonkers for any amount of time, you already know this waterfront has been transforming for years. New buildings, new restaurants, new energy. But there was always this one massive piece that hadn't moved β the old Domino Sugar refinery sitting on 33 acres right on the Hudson. That just changed.
American Sugar Refining closed the plant at the end of 2025 after more than 130 years of operation. It wasn't easy for the community β around 300 workers lost their jobs and this was a building most Yonkers residents simply called the Sugar House. But what comes next is what every buyer, seller, and investor in Westchester needs to understand right now.
Cushman & Wakefield has been retained to market the site β now called The Refinery District β and the numbers are staggering. We're talking about potential for roughly 2,650 residential units, 2.6 million square feet of development, over 2,300 linear feet of Hudson River frontage, and a location that puts you in Midtown Manhattan in under 30 minutes on Metro-North. The city has already rezoned the land for mixed-use development. The path is clear.
Think about what happened to Brooklyn's waterfront when development moved in. Property values in surrounding neighborhoods moved first β before the buildings were even built. We are at that moment right now in Yonkers. The buyers who position themselves in this market today are the ones who look smart in five years.
Whether you're looking to buy in the area, thinking about selling while demand is climbing, or just want to understand what this means for your property value β this is the conversation to be having right now. I cover this market every day. Reach out and let's talk about what this means for your specific situation.
Questions about Yonkers or Westchester real estate?
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