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Old March 2nd, 2019, 08:08 PM   #1
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NEW ROCHELLE | 327 + 339 Hugenot Street | 28 fl x 2 | App

New Rochelle approves more developments, pushing downtown housing plan toward fruition

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Twin, 14-story apartment buildings at 327 and 339 Huguenot St. with a total of 285 units. The two buildings will be connected by a pedestrian bridge and have retail space at street level.

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Old March 5th, 2019, 10:29 PM   #2
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New Rochelle IDA approves $14M tax help for $90.5M apartment complex project

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The New Rochelle Industrial Development Agency (IDA) has endorsed $14 million in proposed tax relief for a $90.5 million apartment complex at Huguenot Street and Centre Avenue.

[...]

Huguenot Partners has budgeted $11.4 million for land. That includes more than $6.7 million for city parcels at 327 and 339 Huguenot St., $1.75 million for 33 Centre Street, and $1 million to clean up the Centre property. It will pay $851,340 to the Community Benefit Fund, for the right to build 14-story buildings instead of 12-stories.

[...]

The firm is asking for a $600,000 mortgage tax exemption and more than $2 million sales tax exemption during construction. A proposed 20-year property tax abatement would save the developer nearly $11.5 million.
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Old July 8th, 2019, 04:39 AM   #3
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339 Huguenot has been upped to 28 stories.
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Old October 10th, 2019, 05:31 PM   #4
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from a planning meeting. Photo by nrmacciato

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