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A piece of property that had been envisioned as being ideal for a hotel is being offered for sale in an auction that is...
The property is at 115-117 Cedar St. in New Rochelle, at an access ramp for Interstate 95.
“When this happens, it will be completely transformative," Luiz Aragon, commissioner of development said. "It will change how people perceive our city.”
D’Wayne Prieto, managing partner and CEO of Ward Capital Management, is leading the effort to bring a 225-room “urban resort” to the city’s downtown edge at 115 Cedar St.