Commercial


Rendering of 500 Main Street - Niles Bolton Associates

Construction Breaks Ground at 500 Main Street in Downtown New Rochelle

Construction is now underway at 500 Main Street, the site of a 26-story mixed-use tower in New Rochelle. Designed by Niles Bolton Associates and developed by BRP Companies and the Urban Investment Group of Goldman Sachs Asset Management, the downtown project will yield 620,000 square feet with 477 rental apartments, a church, retail space, and a parking garage with electric vehicle charging stations.

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Rendering of 1440 amsterdam Avenue designed by The Gluck Architectural Collaborative

Developers Land $32M Loan for Affordable Housing Tower at 1440 Amsterdam Avenue in West Harlem, Manhattan

Grid Group and Lekas Realty have closed on a $32 million construction loan to complete a high-rise affordable housing property in West Harlem. Located at 1440 Amsterdam Avenue, the property will top out at 26 stories and yield 393 rental apartments, an Associated supermarket on the ground floor, and an enclosed parking garage. The latter includes roughly 120 rent-restricted units, 25 percent of which will be prioritized for current NYCHA residents.

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