Tuesday, December 6, 2022
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Tag: L+M Development Partners

Stella gets ready for a stellar opening

One element that separates Stella in New Rochelle from many other luxury buildings that have been going up in Westchester is that 25% of its units are categorized as affordable.

New Rochelle IDA grants $39.5M tax breaks for two apartment buildings

The Garden Street building is a departure from most IDA-supported projects, in that all 219 apartments will be rented as affordable housing, and many tenants will have incomes significantly less than average for the region.

New Rochelle IDA grants developer bonus tax break for public plaza

The subsidy was added to the developer’s proposed 25 Maple Avenue project, but the extra work will be done about six zig zag blocks away at Anderson Street.

Groundbreaking held for $190M, 27-story New Rochelle project

The development will feature 380 units of housing -- 25% of it affordable – along with 6,200 square feet of retail space, a parking garage with 160 parking spaces, and an outdoor pool on the 25th floor.