Tarrytown to Assist with Modernization of Franklin Courts

Village partners with county and developer to redevelop affordable housing complex

Published on Feb. 23, 2026

The Village of Tarrytown is collaborating with Westchester County and Wilder Balter Properties to redevelop the affordable rental complex Franklin Courts. The project will demolish the existing outdated buildings near the Tarrytown Train Station and replace them with two multi-family buildings and 11 townhouses, totaling 90 affordable housing units. The number of one to four-bedroom units will increase from 70 to 80, with most tenants continuing to pay 30 percent of their household income for rent. Existing tenants will be temporarily relocated during construction, which is expected to take about three years, and will be given preference to move back once the new units are finished.

Why it matters

The redevelopment of Franklin Courts is a significant investment in affordable housing in Tarrytown, a community facing rising rents and limited options for low-income residents. The project will modernize the aging complex and increase the number of affordable units, helping to address the local housing shortage.

The details

The Village of Tarrytown has authorized an Intermunicipal Developer Agreement with Westchester County and Wilder Balter Properties to apply for up to $5 million in county funding to support the Franklin Courts redevelopment. Wilder Balter Partners received site plan approval from the village Planning Board in February 2025 to demolish the existing buildings and construct two new multi-family buildings and 11 townhouses, totaling 90 affordable housing units. The property will continue to be owned by the Tarrytown Municipal Housing Authority.

  • The Village Board authorized the agreement earlier this month (February 2026).
  • Wilder Balter Partners received site plan approval from the Tarrytown Planning Board on February 24, 2025.
  • Construction is expected to take about three years.

The players

Village of Tarrytown

The local municipal government that is partnering on the Franklin Courts redevelopment project.

Westchester County

The county government that is providing funding support through its Housing Implementation Fund Program.

Wilder Balter Properties

The real estate development company that received site plan approval and will be responsible for the construction of the new affordable housing units.

Tarrytown Municipal Housing Authority

The local housing authority that will continue to own the Franklin Courts property.

Karen Brown

The mayor of Tarrytown who noted that existing residents may experience some inconveniences during the construction period.

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What they’re saying

“There are some really good improvements on tap for Franklin Courts.”

— Karen Brown, Mayor (thehudsonindependent.com)

What’s next

Once construction is completed, current Franklin Courts tenants will be given preference to move back to the new affordable housing units.

The takeaway

The redevelopment of Franklin Courts is a collaborative effort between the Village of Tarrytown, Westchester County, and a private developer to modernize and expand affordable housing options in the community. This project demonstrates the village's commitment to preserving and enhancing affordable housing, even as the local real estate market continues to experience rising costs and limited availability.