Progress Gallery

9/10/2022

9/10/2022

9/10/2022

9/8/2022

8/21/2022

8/21/2022

8/21/2022

8/21/2022

8/21/2022

7/31/2022

7/11/2022

7/11/2022

6/24/2022

6/24/2022

6/24/2022

6/24/2022

5/30/2022

5/30/2022

5/30/2022

4/24/2022

4/24/2022

4/2/2022

3/27/2022

3/27/2022

3/13/2022

3/13/2022

3/11/2022

2/22/2022

2/22/2022

1/19/2022

1/9/2022

1/9/2022

12/12/2021

12/12/2021

10/31/2021

10/31/2021

2/23/2020

2/1/2020

12/28/2019

12/17/2019

Screen capture from 12/17/19 NR Planning meeting

12/17/2019

Screen capture from 12/17/19 NR Planning meeting

12/17/2019

Screen capture from 12/17/19 NR Planning meeting

12/17/2019

Screen capture from 12/17/19 NR Planning meeting

11/30/2019

11/30/2019

11/30/2019

11/29/2019

11/29/2019

11/29/2019

11/29/2019

10/27/2019

8/15/2019

3/24/2019

3/24/2019

1/6/2019

9/14/2018

9/7/2018

5/27/2018

5/10/2018

4/6/2018

4/6/2018

3/31/2018

3/22/2018

3/17/2018

3/12/2018

3/12/2018

3/12/2018

3/11/2018

3/11/2018

1/16/2018

1/16/2018

1/16/2018

7/1/2016

Project Data*

Building
Budget: $173,799,160
Studios: 63
1BR: 166
2BR: 144
3BR: 3
4BR: 0
Affordable: 
Total: 376
Parking: 457
Stories: 28
Retail Space: 12054 sqft
Occupancy
Residents: 839
Students: 23
School: Trinity

Jobs
Construction: 
Permanent FT: 
Permanent PT: 
Dates
Status: Zoning Approved

Planning Board Approval: 4/23/2018
IDA Approval: 
Constr. Start: 11/30/2017
Length: 22 months
Completion: 9/30/2020
Tax Incentives
"As Is" Tax: $
Full Property Tax: $
PILOT: $0
Owner Savings: $
PILOT (yrs): 20

Mortgage Tax Exemption: $1129695
Fair Share Mitigation: $749,901

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

** New Rochelle School District Street Directory (to see what school is assigned to each address in the city)