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JPI puts the Jefferson on the Market. Plans to Convert Rental to Condo. Posted on Wednesday, August 11 @ 14:54:12 EDT by jfbailey

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WPCNR MAMARONECK AVENUE AMBLER. From News Reports. August 11, 2004: Paul Wood, Acting Executive Officer for Mayor Delfino is reported telling The Journal News Business Reporter Noreen Seebacher that JPI which is building The Jefferson at White Plains at 300 Mamaroneck Avenue, is planning to sell the 281 units previously described as being built as rental units, as condominiums. A company spokesman confirms JPI has put the entire Jefferson property on the market.

 Wood said, according to the article that the flip flop from rentals to condos would not require approval by the Common Council. Seebacher is also reporting that Jeffrey Thompson of Thompson & Bender, spokes agency for JPI had not confirmed the switch, but that a major announcement was coming next week. Thompson is reported by Ms. Seebacher as saying The Jefferson is being fancied by interests wanting to purchase The Jefferson. Cushman & Wakefield is handling inquiries.


 
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