Two 28 Story Buildings on the site of the Arnold Constable building at the southeast corner of Main Street and North Avenue. Current proposal is 805 units with 711 parking spaces and 2 retail spaces. The building will front on Main street and extend south on North Avenue to the corner of Clinton. Parking is valet for the residents and also for the retail, the entire podium is or parking. Approximate numbers for apartments: 257 studios, 377 1-bbdrm, 156 2-bdrm, & 15 3-bdrm. Amenity spaces will be 25,000sqft. Retail spaces will be at the cornier of North and Main and also at Clinton and North. Developer: BRP Companies; Architect: Hill West.
- Planning Meeting 7/23/24 (7/23/2024)
- NEW ROCHELLE | 466 Main Street | 2 x 28 FLOORS (6/28/2024)
Zone: D0-2
News
- Planning Board Meeting (go to 26:00)
Project Information
Project Data*
Building
Studios: 275
1BR: 377
2BR: 156
3BR: 15
4BR: 0
Affordable:
Total: 805
Parking: 711
Stories: 56
Retail Space: 9000 sqft
Occupancy
Students: 30
School: Trinity
Jobs
Permanent FT:
Permanent PT:
Dates
Planning Board Approval:
IDA Approval:
Constr. Start:
Length:
Completion:
Tax Incentives
Full Property Tax: $
PILOT: $
Owner Savings: $
PILOT (yrs):
Mortgage Tax Exemption: $
Fair Share Mitigation: $
Data Last Updated: 7/9/2024
*Data listed here is subject to change. FOIL/FOIA requests are pending to obtain any missing data. Some of these numbers are estimated. Data comes from city documents.
** GLOSSARY TERMS: "As Is" taxes are the taxes of the property before development. Full Property Taxes are the taxes of the property after development. PILOT means Payment in Lieu of Taxes, which is less than full property taxes. Owner savings is the property tax abatement in dollars and as a percent of Full Property Taxes. PILOT length is the number of years that the PILOT is in effect. Fair Share Mitigation (FSM) fees are monies collected by the City from the developer to cover future infrastructure needs. The school system gets approximately 2/3 of the FSM fees.
*** Residents are calculated as follows: Studios = 1, 1BR = 1.5, 2BR = 3, 3BR = 4.5 (NDC formula) Students are calculated as follows: Studios (*0), 1BR (*0.014), 2BR (*0.141), 3BR (*0.213) (NDC formula)
*Data updating and collection is done by volunteers and may contain the occasional error or miscalculation.
** New Rochelle Parking Code including Minimum number of Spaces