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New Rochelle will receive a million dollar grant as winner of Bloomberg's U.S. Mayors Challenge. The competition offers fund for innovative urban problem solving.
The city plans to use the funding to better link a corridor surrounding Lincoln Avenue near the city's downtown to its growing Main Street.
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.
Yonkers Mayor Mike Spano called the lack of an increase in the Aid and Incentives to Municipalities fund a “slow strangulation of city governments.”
New Rochelle is a “model of what an urban – suburban area can look like,” said Mayor Noam Bramson.
The city's downtown master developer plans a $300 million mixed-use project on the razed site of the Church-Division parking garage that will adjoin a $14.5 million boutique hotel under construction.
Company president Rella Fogliano said she was “thrilled beyond belief” to have the opportunity to change the city’s skyline.
Whoever wins the development rights may not disrupt fire department operations and must relocate the station.
What differentiated them was timing and certainty.
“I can’t see why we can’t just defer this and wait and listen to what the residents have to say,” Councilman Louis Trangucci said.
The mayors of Yonkers, Mount Vernon, White Plains and New Rochelle say gigabit broadband internet is fast enough to spur new business and innovation in education, health care, government and other industries.