Real Estate News

RXR Launches Leasing at New Rochelle Tower

Clinton Park. Image courtesy of RXR

RXR, in partnership with Greystar Real Estate Associates, has introduced leasing at One Clinton Park in the heart of New Rochelle, N.Y. The mixed-use tower features 28 tales and contains 352 flats. Also element of the enhancement is Gibson’s Speakeasy, a resident-only room furnished with a customized bar and booth seating that can be transformed into operate stations in off hours.

“As the grasp developer for Downtown New Rochelle, One particular Clinton Park has usually been element of our broader development program for the downtown, which is why we are thrilled to see it open to renters,” Joseph Graziose, RXR senior vice president of Residential Advancement, instructed Multi-Housing Information. “The making will give a a great deal-required supply of housing for the region’s escalating population.”

Intended by PS&S and MdeAS Architects, A single Clinton Park functions a curved and streamlined steel and blue glass exterior that maximizes sights and mild from each individual course. The unit combine will function studio, a person-, two- and 3-bedroom residences. Among the the attributes and finishes of the properties are developed-in closets, quartz countertops and backsplashes, in-device washer-dryers and integrated stainless-steel appliances. Direct obtain to a 16,000-square-foot landscaped outdoor public plaza on Clinton Put signifies a single of the key components of the property’s amenity suite.

Attracting renters

“COVID-19, of training course, was the greatest problem,” Graziose said. “At the height of the pandemic, RXR moved speedily to set up strong public health and fitness protocols at its progress sites to allow get the job done in the downtown area to commence. We taken care of stringent basic safety specifications, including a vaccine prerequisite for all personnel, which enabled the challenge to shift ahead, supporting a major number of nicely-spending employment and industries.”

Slated to open in this spring of 2022, One Clinton Park topped out in February of 2021. The challenge made 250 on-web site design positions.

In a well prepared assertion, RXR stated it expects One particular Clinton Park to fortify the economic vitality of New Rochelle’s downtown group by spurring new retail and smaller organization improvement. At the very same time, the enhancement will draw in renters, to aid in reconstructing the enclave’s tax base.

The location of the progress is minutes from the New Rochelle practice station, which delivers direct accessibility to Midtown Manhattan in 30 minutes.

As the tower concludes design in the subsequent couple of months, get started of development on Two Clinton Park, its sister tower, is slated to commence. In mid-November, RXR Realty obtained a refinance for a neighborhood in Yonkers.