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Nuveen, Taconic and North American Properties Make $220 Million Bet on Repositioning Yonkers, New York, Mall

Partners Look To Rebrand Site as Modern Lifestyle Center, Which They Say Will Perform Better
North American Properties plans to begin repositioning Ridge Hill in Yonkers, New York, this month. (Nuveen Real Estate)
North American Properties plans to begin repositioning Ridge Hill in Yonkers, New York, this month. (Nuveen Real Estate)
CoStar News
May 6, 2022 | 9:50 P.M.

Nuveen Real Estate, Taconic Partners and North American Properties have acquired a 1.2 million-square-foot mall in Yonkers, New York, for $220 million, with plans to reimagine it as an updated outdoor lifestyle center.

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