So I guess it’s just 23 stories now… A bit odd how it’s heading to the IDA first before the Planning Board
The project is located at 277 North Avenue in New Rochelle, Westchester County, NY (the “Property”) and currently is improved with a 27,000 sfoffice building that was built in 1977 and renovated in 1998. The Property which is designated on the Tax Map of the City as Block 239, Lots 29 and 33, is bordered to the north by a narrow City-owned lot, to the east by Trump Plaza, and to the south by a 13 story commercial building commonly known as the “K Building”. 277 NR Company LLC (the “Company”) intends to demolish the existing improvements, and proposes to redevelop the Property with a new Class A, 23-story 245 foot tall, mixed-use commercial/residential project, contemplated to encompass 488,000 gross sf and include 442 residential rental units With 10% or the units being offered as affordable to those earning 80% of AMI.
The building is planned to contain approximately 378,000 gross sf of residential area and approximately 326,000 net rentable sf. There will be approximately 18,000 sf of amenities and 13,000 sf of mechanical, storage and back of house spaces. There is approximately 13,000 net sf of commercial/retail space with one space on North Avenue and another 2-story pavilion fronting Huguenot Street. Additionally, there is a 66,000 sf, 471 space structured 24/7 staffed valet parking garage with a no-post mechanical stacker lift system. The building will be constructed with poured in place concrete and a glass facade. Interior finishes and amenities will be consistent with the top Class-A luxury rental buildings in the state and will be one of the premier buildings In Westchester County. There will be a 24/7 attended lobby and the building will have on-site leasing and management.
The residential component of the project will consist of studio, one, two and three-bedroom apartments.