The Marquee apartment building opens in Yonkers

Yonkers Mayor Mike Spano along with members of the City Council and officials from the Yonkers Industrial Development Authority were on hand for a ribbon-cutting ceremony to mark the opening of The Marquee, an apartment building at 697 Bronx River Road.

The building was developed by the Stagg Group, a company that had largely concentrated on projects in the Bronx after its founding in 1996 until expanding into Westchester several years ago. The company stated that it has built more than 3,500 units of affordable housing with a portfolio value exceeding $1.5 billion, while also doing market-rate projects.