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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.

Blessed Sacrament site in New Rochelle is sold to make way...

Commercial real estate services and investment firm CBRE has announced the sale of a 2.02-acre site in New Rochelle where a 334-unit residential development...

New Rochelle considers $54M in tax exemptions for five apartment projects

The proposed projects would add nearly 1 million square feet of residential and retail space, provide 839 downtown apartments and cost about $369 million to build.

New Rochelle advances plans for $64M gateway hotel along I-95

“When this happens, it will be completely transformative," Luiz Aragon, commissioner of development said. "It will change how people perceive our city.”

New Rochelle IDA gives tentative OK for $23M in tax subsidies...

Huguenot Partners LLC proposed a 28-story structure at Huguenot Street and Centre Avenue and Mill Creek Residential Trust LLC presented plans for an 8-story structure at 24 Maple Ave.

Hammels’ latest Burling Triangle project gets $2.8M tax breaks

The building will be named The Grand, after the name of the street that bisects the triangle, and it will be the fifth of seven apartment buildings proposed by Anthony and William Hammel.

New Rochelle starts Nardozzi Place condemnation

Auto Sunroof CEO Paul Spadaccini has previously questioned whether the city is willing to pay what his property is worth.

New Rochelle IDA approves $14M tax help for $90.5M apartment complex...

The 285 apartments will be “fairly compact” by Westchester standards, but larger than typical New York City apartments.

Struggling College of New Rochelle considering deal for educational partner

The private college disclosed to bondholders in December that it is has reached a memorandum of understanding for “a potential strategic transaction” with an unnamed educational institution.

Construction starts on 114 apartments on New Rochelle’s North Avenue

Plans call for a mix of studios and one-, two- and three-bedroom options, as well as 22,000 square feet of retail space near Iona College.

New Rochelle IDA grants $2.5M tax benefits to self-storage firm

The New Rochelle Industrial Development Agency granted the tax benefits on Sept. 26 to New Rochelle Birch Development LLC of Bayside, Queens.

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.

Greenberg named to IDA

Howard E. Greenberg has been appointed to the New Rochelle Industrial Development Agency.