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The revitalization of downtown New Rochelle, which the city shows as having 32 projects either complete or in various stages of development, received an...
RXR Realty, which is the master developer for New Rochelle’s downtown, held a groundbreaking ceremony Oct. 30 marking the start of construction for a...
Atlantic Station II comprises 325 units and 48,000 square feet of retail at 405 Atlantic St.
“People seem to really like it and, for the affluent downsizer in this market, there are very few if any options aside from this project," developer Alan Weissman said.
Apartments range from $1,900 for studios to $3,100 for two-bedroom units.
The Business Council of Westchester announced that Luis Aragon, commissioner of development for New Rochelle and Wilson Kimball, commissioner of planning and development in Yonkers, have joined its board of directors.
The private property owners are demanding that the court grant them exclusive use of a strip of land behind their buildings and stop the city from transferring city-owned land to a private developer.
E-commerce companies are heating up the national industrial real estate market, but experts say space has been tight in Westchester "before it was even cool to talk about industrial."
Together, four developments are budgeted for $689.4 million and could receive $109.5 million in tax incentives over 20 to 30 years.
The project will build 95 luxury condos on a site previously home to an office building.
The building owners want the Westchester Supreme Court to order RXR to stop construction and prevent more damage.
“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.”
“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.