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Together, four developments are budgeted for $689.4 million and could receive $109.5 million in tax incentives over 20 to 30 years.
The city is also developing a platform to use virtual reality technology to allow city planners and residents to visualize development plans for buildings and public spaces.
Iona College had sued the city over a land-use dispute that held up plans for an expansion of Iona's School of Business. The agreement comes about a year-and-a-half after Iona College first announced plans for expansion of its Hagan Hall School of Business facility.
BRP is targeting young single professionals, young couples and older couples who are downsizing.
“Today we are saying location, service, service,” RPW Group CEO Robert Weisz, told a group of real estate officials Thursday at the HVEDC's “Hudson Valley Visionaries: A Look Into the Future of Commercial Real Estate.”
William Latimer takes over as the College of New Rochelle is still recovering from a financial crisis first revealed late in 2016.
The oyster bar occupies what used to be a Peachwave frozen yogurt shop.
“We have tremendous conviction in what we’re doing here,” said Mike Maturo, president of RXR Realty.
New Rochelle is a “model of what an urban – suburban area can look like,” said Mayor Noam Bramson.
Following the move, which is expected to occur in 2021, the city’s school district will take over the City Hall building.
New Rochelle Mayor Noam Bramson said the city is excited to work with Bloomberg "to refine an innovative tool that holds the promise of better urban design and more robust public participation in the growth and development of our community."
The $120 million, 28-story mixed-use building is part of the first phase of the master redevelopment of the city's downtown.
In Westchester, 23 total projects will receive more than $10 million total this year as part of the state economic development council initiative.