“Two new towers at the site of the Church-Division parking garage, a stone’s throw from Main Street. At 28 stories each, these towers will contain a combined total of 650 to 700 apartments, with about 40,000 square feet of new retail at the base, and parking to service both residential and commercial components” Noam Bramson State of the City 2018 speech by Mayor Bramson (3/1/18) "Our master developers at RXR will build their second project: two towers, each 28 stories, a total of about 700 apartments, with ground floor retail and restaurants, and a public plaza in between." Developer: RXR Realty LLC
- RXR Announces 50 Percent Lease-Up of One Clinton Park in Downtown New Rochelle (11/28/2022)
- NEW ROCHELLE AND RXR ANNOUNCE WINNER OF COMPETITION FOR FREE YEAR’S RENT AT ONE CLINTON PARK, CONTINUE TO UPLIFT LOCAL ARTS COMMUNITY (10/7/2022)
- RXR Celebrates Ribbon-Cutting of One Clinton Park in Downtown New Rochelle, NY (7/23/2022)
- New 28-story 352-unit RXR building opens in New Rochelle (7/18/2022)
- New 28-story 352-unit RXR building opens in New Rochelle (7/18/2022)
- Reimagining What’s Across The Water (6/13/2022)
- RXR Launches Leasing at New Rochelle Tower (1/12/2022)
- RXR Realty Looks Towards a Bright Future in Westchester (12/3/2021)
- RXR’s One Clinton Park in New Rochelle is topped out (2/12/2021)
- RXR Realty's Joseph Graziose on new 55 Clinton Place development (6/16/2020)
- What’s up with: High-rise apartment complex at 26 Division St. in New Rochelle (2/24/2020)
- Capital One Lends $131M on RXR’s Latest Development in New Rochelle (2/19/2020)
- 2 New Developments Break Ground in New Rochelle and Rye (12/13/2019)
- RXR Realty Begins Ground-Up Construction on 28-Story Mixed-Use Development at 26 South Division St (10/30/2019)
- No human remains found at New Rochelle's Church-Division Street development (1/3/2019)
- RM New Rochelle, RXR reach two construction milestones (3/15/2018)
- Major Announcement Kicks Downtown Development Into High Gear (7/26/2017)
- New Rochelle announces proposed major two-tower development (7/26/2017)
Zone: D0-2
Project Videos HERE
News
- Resolution-Site Plan Approval (4/24/18)
- Resolution-Subdivision (4/24/18)
- Resolution-Neg Dec (4/24/18)
- Resolution-Lead Agency (4/24/18)
- NR IDA Meeting Minutes 6/27/18
- NR IDA Meeting Minutes 7/25/18
- NRIDA Agenda Package (6/27/18)
- NRIDA Agenda Package (7/25/18)
- Retail Space for Lease
- NR Planning Meeting video 12/17/19 (starting at 2:29)
- NR Planning Meeting video 1/28/20 (starting at 0:15)
- RXR Realty
- Environmental Remediation Info
- One Clinton Park leasing
Project Information
Progress Gallery
Project Data*
Building
Studios: 54
1BR: 151
2BR: 144
3BR: 5
4BR: 0
Affordable: 0
Total: 354
Parking: 354
Stories: 28
Retail Space: 13617 sqft
Occupancy
Students: 23
School: Trinity
Jobs
Permanent FT:
Permanent PT:
Dates
Planning Board Approval: 4/24/2018
IDA Approval: 6/27/2018
Constr. Start: 12/1/2018
Length: 22 months
Completion: 10/1/2020
Tax Incentives
Full Property Tax: $
PILOT: $13,814,626
Owner Savings: $
PILOT (yrs):
Mortgage Tax Exemption: $1047651
Fair Share Mitigation: $732,807
Data Last Updated: 7/7/2019
*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