Cleveland developer makes a splash in Westchester market
Cleveland-based developer The NRP Group sees huge potential in the Westchester County housing and real estate market, where it is becoming a household name.
“We”™ve been focused on Westchester. It has so much going for it,” Jonathan Gertman, NRP”™s vice president of development, told the Business Journal. “It has big employers and a well-educated workforce and employment growth. It has communities with tremendous assets and people with very on-average high incomes. It has access to water, to regional transit, regional road networks. It”™s really well located and so close to so much economic activity and a wonderful place to be.”
With its project at 1133 Westchester Ave., it is participating in the trend to bring residential uses to office parks along what was branded as the Platinum Mile. Its other residential projects include The Renaissance at Lincoln Park in New Rochelle, an adult residence at the Colonial Terrace in Cortlandt and a two-tower apartment project on MacQuesten Parkway in Mount Vernon.
Gertman said that the increasing acceptance of the live-work-play concept has been very important for NRP”™s operations in Westchester as has the need for affordable housing and the fact that many municipalities require it in new developments.
For more, visit https://www.nrpgroup.com/