Martin Ginsburg: Reimagining Westchester's Real Estate Market
Founder & Principal, Ginsburg Development Companies
Photograph by Toshi Tasaki
As one of the most prolific residential real estate developers in the Hudson Valley, Martin Ginsburg’s ability to reimagine the real estate market has kept him on top for the last 50 years. With his architect’s eye and business mind, Ginsburg has played a starring role in bringing growth and development to Westchester’s Hudson River communities, with projects such as luxury rental complex River Tides at Greystone, a 2013 development project in which GDC worked closely with the City of Yonkers as a broad-based city initiative to attract more young professionals.
Ginsburg is passionate about turning the Hudson River into a world-class tourist attraction, and he is one of the original visionaries behind the Westchester County RiverWalk, a planned 51.5-mile multi-faceted pathway paralleling the Hudson River that will link village centers, historic sites, parks, and river access points. In keeping with this vision, Ginsburg’s newest project plans to turn St. Mary’s Convent in Peekskill, a 19th-century abbey that overlooks the Hudson, into a property with 178 apartments, 20 townhouses, and a spa, inn, and restaurant.
He’s also been ahead of the curve in courting millennials—whose preference for a transient lifestyle has kept them out of the housing market—by focusing on high-end rentals. GDC is currently working on four major rental projects in Ossining, Haverstraw, Yonkers, and Hastings-on-Hudson. And in keeping with millennial lifestyles, all four projects are located within easy access to public transit.