I wonder if this was the hold up?
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You would be correct. Glad to see this has been settled. I’m ready to see the shovels in the ground.
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Great drone shot of the site. It’s one of the bigger project sites that will be developed on within the city.
Source
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New sign was put up either yesterday afternoon or today. New website as well. You can click on each tower and view details about it. Oddly, the addresses don’t add up, this is South Division Street at this point, not just Division Street lol.
I hope we get some activity soon…
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RXR finally launched leasing for 360 Huguenot so i’d bet on it.
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28 South Division’s base is being extended to occupy the soon to be vacant space left behind by three homes.
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here we go. No doubts now
RXR Realty has landed a $131.2 million construction loan for its mixed-use development at 26 South Division Street in New Rochelle, N.Y., Commercial Observer has learned.
Capital One is the lead bank on the financing, providing a 42-month interest-only floating rate loan with two extension options. The deal closed on Valentine’s Day.
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FAA filings unveil an official height of 307 FT for the towers. 341 FT for the crane. Taller than their first project at 360 Huguenot which was 285 FT.
https://oeaaa.faa.gov/oeaaa/external/searchAction.jsp?action=displayOECase&oeCaseID=432053223&row=0
https://oeaaa.faa.gov/oeaaa/external/searchAction.jsp?action=displayOECase&oeCaseID=431494457&row=1
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Even if the bad press of the virus slows the preconstruction process for other projects (probably unlikely, but who knows), we have this and 14 LeCount to watch rise.
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weeeeeee!
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Site doesn’t even look that big anymore. These towers will be so huge.
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