RXR Realty just launched leasing at 360 Huguenot, their highly anticipated New Rochelle luxury residential rental building. The project is special because it’s the first high-rise development to hit the market consistent with New Rochelle’s 2015 Downtown Rezoning –a rezoning covering approximately 274-acres that was developed by the City, working in collaboration with RXR, as Master Developer. The rezoning is one of the largest and most significant economic development initiatives in Westchester County history entitling over 11 million square feet of new, mixed-use development that builds on the unique character of New Rochelle’s downtown. The start of leasing at 360 Huguenot represents an exciting new chapter for the area and an important step forward in RXR’s work.
360 Huguenot will raise the bar for luxury living, featuring 280 rentals, designed by PS&S Architecture. Units range from studios starting at approximately $1,900 per month to two-bedrooms starting at $3,100. Occupancy is slated for July 2019. Residences feature hardwood floors, walk-in closets, stainless steel appliances, Latch keyless technology and incredible views of the New York City skyline, Westchester County and the Long Island Sound. It’s also less than 30 minutes from Grand Central.
“360 Huguenot will raise the bar for luxury living in Westchester County,” said Brad Hamel, senior vice president of operations at Alliance Residential, the company handling leasing at the building. “The building’s ideal location and contemporary design complemented by a robust amenity package offers the ultimate balance between suburban and city living.”
360 Huguenot is located in the heart of New Rochelle’s arts district and the base contains a brand-new, 10,000 square foot arts and cultural space that RXR constructed and will be programmed by the City as part of New Rochelle’s Community Benefit Bonus program. Additionally, last month, RXR, in conjunction with the city of New Rochelle announced a contest for artists, the winner of which will receive a studio apartment, free of charge, for one year in the building. RXR has also restored the historic façade and marquee of the former Loews Theatre along Main Street, which had been closed and gutted several years ago before RXR’s involvement.
360 Huguenot is being developed in partnership with ABS Realty and Brause Realty.
In December 2015, the New Rochelle City Council unanimously approved a new zoning plan after a year-long, highly collaborative research and planning process led by RXR Realty as Master Developer. The adoption of the Downtown Overlay Zone provides a clear and transparent approval process with a form-based code intended to create a vibrant downtown that welcomes new investment and responds to market trends. The plan entitled over 11 million square-feet of development potential with a mix of uses including residential, retail, restaurant, office, hospitality, and other institutional space.