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New Rochelle IDA approves Cappelli and NRP Group projects

The smaller of the two projects – NRP’s $63 million Lincoln Renaissance Apartments – is arguably the more transformative proposal.

New Rochelle IDA approves $41.7M in tax subsidies, considers another $67.8M

Together, four developments are budgeted for $689.4 million and could receive $109.5 million in tax incentives over 20 to 30 years.

New Rochelle IDA extends Nardozzi tax abatement deal

The New Rochelle Industrial Development Agency has amended a tax abatement deal to protect itself against the possibility that a portion of the $48 million 70 Nardozzi Place project isn’t built.

IDA likes latest version of New Rochelle public works facility

“This is one of my happier moments,” Charles B. Strome III, chairman of the city’s Industrial Development Agency, said at a meeting about plans for 70 Nardozzi Place.

New Rochelle names Yogman as Commissioner of Finance

The City of New Rochelle named Tracy Yogman as its new Commissioner of Finance. Yogman served as vice president of finance and chief financial officer...

Report: Municipalities struggling to meet fiscal demands

State Comptroller Thomas DiNapoli recently released his annual report on local governments and expressed concern about New York’s municipalities ability to meet their respective fiscal challenges.