
Cushman &amp; Wakefield, a global real estate services firm, announced it has been exclusively retained by American Sugar Refining to market for sale The Refinery District, a 33-acre waterfront development site located

<p xmlns="http://www.w3.org/1999/xhtml">
Cushman &amp; Wakefield, a global real estate services firm, announced it has been exclusively retained by American Sugar Refining to market for sale The Refinery District, a 33-acre waterfront development site located at 1 Federal Street in Yonkers, New York. The offering represents the final large-scale development opportunity along the Yonkers waterfront.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The property, formerly home to the Domino Sugar Refinery, features more than 2,300 linear feet of direct frontage along the Hudson River, offering unobstructed water views and unparalleled scale in one of the region's fastest-growing waterfront submarkets. The offering presents a rare opportunity to develop a transformative mixed-use destination, with the potential to accommodate approximately 2,650 residential units across up to 2.6 million square feet, along with complementary retail, cultural and experiential uses.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Cushman &amp; Wakefield's Capital Markets team, including Gary Gabriel, Ryan Dowd, Niko Nicolaou, Matt Torrance, Michael Flynn and JP Hohl, is exclusively marketing the property on behalf of American Sugar Refining.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This is a great opportunity to acquire the last significant development parcel along the Yonkers waterfront," said Ryan Dowd of Cushman &amp; Wakefield. "With its unmatched scale, recent rezoning to allow for mixed-use development, and the ongoing public and private investment along the waterfront, this site is uniquely positioned to support a dynamic, transit-oriented destination that will shape the next chapter of Yonkers' evolution."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Situated steps from both the Yonkers and Ludlow Metro-North stations, the site offers direct connectivity to Manhattan in under 30 minutes, as well as convenient access to major regional highways. The surrounding waterfront neighborhood has experienced significant momentum in recent years, with approximately 2,000 residential units delivered since 2018, underscoring strong demand for amenitized, transit-oriented housing.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Originally constructed in the early 20th century, the site operated as a major industrial hub for more than a century and is now poised for repositioning into a vibrant, publicly accessible waterfront district aligned with the City of Yonkers' long-term revitalization vision.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<strong xmlns="http://www.w3.org/1999/xhtml">About Cushman &amp; Wakefield
<br xmlns="http://www.w3.org/1999/xhtml"></br></strong>Cushman &amp; Wakefield (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CWK">CWK</a>) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that <i xmlns="http://www.w3.org/1999/xhtml">Better never settles</i>, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cushmanwakefield.com&amp;esheet=54483312&amp;newsitemid=20260408257084&amp;lan=en-US&amp;anchor=www.cushmanwakefield.com&amp;index=1&amp;md5=a718b0cc39e08ae561a8fd2f1db245a7" shape="rect">www.cushmanwakefield.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260408257084r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260408257084/en/" rel="nofollow">https://www.businesswire.com/news/home/20260408257084/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">Elise Maguire Ferrara 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Director of Public Relations, Northeast Region
<br xmlns="http://www.w3.org/1999/xhtml"></br>212 841 7801
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:elise.maguire@cushwake.com" shape="rect">elise.maguire@cushwake.com</a>

</p>

Cushman & Wakefield Markets Iconic Domino Sugar Refinery Site in New York City

Cushman & Wakefield Markets Key Development Site in Yonkers

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Cushman &amp;amp; Wakefield, a global real estate services firm, announced it has been exclusively retained by American Sugar Refining to market for sale The Refinery District, a 33-acre waterfront development site located</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Cushman &amp; Wakefield has been tasked with marketing The Refinery District, a prime waterfront development site in Yonkers. With potential for significant residential and commercial development, this project could drive substantial future revenues and strengthen CWK&#039;s market position.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>CWK retained to market The Refinery District for sale in Yonkers.</li><li>Site allows for 2,650 residential units, up to 2.6 million sq ft.</li><li>Opportunity seen as pivotal for Yonkers&#039; waterfront development and revitalization.</li><li>Strategic location offers quick access to Manhattan, enhancing attractiveness of project.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>American Sugar Refining (N/A)</strong>: Retaining CWK for exclusive marketing of a prime development site.</li><li><strong>Cushman &amp; Wakefield (CWK)</strong>: Strategically positioned to benefit from the sale of The Refinery District.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; as it highlights CWK&#039;s engagement in a key marketing initiative, aiming to leverage significant real estate opportunities for future growth.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>High demand for transit-oriented residential space boosts CWK&#039;s market position.</li><li>Strategic waterfront location may attract high-value investments to CWK.</li><li>Successful sale could result in substantial fees for CWK&#039;s Capital Markets team.</li><li>Recent rezoning supports faster project pipeline, enhancing cash flow prospects.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>The Refinery District covers 33 acres in Yonkers, NY.</li><li>Potential for 2,650 residential units, with 2.6 million square feet of development.</li><li>Previously home to the Domino Sugar Refinery, now primed for redevelopment.</li><li>Significant public and private waterfront investments are ongoing.</li><li>Site is connected to Manhattan via Metro-North within 30 minutes.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider CWK bullish as development projects enhance revenue potential in upcoming quarters.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Cushman &amp; Wakefield, a global real estate services firm, announced it has been exclusively retained by American Sugar Refining to market for sale The Refinery District, a 33-acre waterfront development site located at 1 Federal Street in Yonkers, New York. The offering represents the final large-scale development opportunity along the Yonkers waterfront.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The property, formerly home to the Domino Sugar Refinery, features more than 2,300 linear feet of direct frontage along the Hudson River, offering unobstructed water views and unparalleled scale in one of the region's fastest-growing waterfront submarkets. The offering presents a rare opportunity to develop a transformative mixed-use destination, with the potential to accommodate approximately 2,650 residential units across up to 2.6 million square feet, along with complementary retail, cultural and experiential uses.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Cushman &amp; Wakefield's Capital Markets team, including Gary Gabriel, Ryan Dowd, Niko Nicolaou, Matt Torrance, Michael Flynn and JP Hohl, is exclusively marketing the property on behalf of American Sugar Refining.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This is a great opportunity to acquire the last significant development parcel along the Yonkers waterfront," said Ryan Dowd of Cushman &amp; Wakefield. "With its unmatched scale, recent rezoning to allow for mixed-use development, and the ongoing public and private investment along the waterfront, this site is uniquely positioned to support a dynamic, transit-oriented destination that will shape the next chapter of Yonkers' evolution."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Situated steps from both the Yonkers and Ludlow Metro-North stations, the site offers direct connectivity to Manhattan in under 30 minutes, as well as convenient access to major regional highways. The surrounding waterfront neighborhood has experienced significant momentum in recent years, with approximately 2,000 residential units delivered since 2018, underscoring strong demand for amenitized, transit-oriented housing.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Originally constructed in the early 20th century, the site operated as a major industrial hub for more than a century and is now poised for repositioning into a vibrant, publicly accessible waterfront district aligned with the City of Yonkers' long-term revitalization vision.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<strong xmlns="http://www.w3.org/1999/xhtml">About Cushman &amp; Wakefield
<br xmlns="http://www.w3.org/1999/xhtml"></br></strong>Cushman &amp; Wakefield (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CWK">CWK</a>) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that <i xmlns="http://www.w3.org/1999/xhtml">Better never settles</i>, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cushmanwakefield.com&amp;esheet=54483312&amp;newsitemid=20260408257084&amp;lan=en-US&amp;anchor=www.cushmanwakefield.com&amp;index=1&amp;md5=a718b0cc39e08ae561a8fd2f1db245a7" shape="rect">www.cushmanwakefield.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260408257084r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260408257084/en/" rel="nofollow">https://www.businesswire.com/news/home/20260408257084/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">Elise Maguire Ferrara 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Director of Public Relations, Northeast Region
<br xmlns="http://www.w3.org/1999/xhtml"></br>212 841 7801
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:elise.maguire@cushwake.com" shape="rect">elise.maguire@cushwake.com</a>

</p>

Cushman & Wakefield has been tasked with marketing The Refinery District, a prime waterfront development site in Yonkers. With potential for significant residential and commercial development, this project could drive substantial future revenues and strengthen CWK's market position.

Cushman & Wakefield Markets Iconic Domino Sugar Refinery Site in New York City

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News