RXR Realty

587 Main Street

Work Begins on 28-Story, 280-Unit Mixed-Use Redevelopment at 587 Main Street, New Rochelle

A groundbreaking ceremony has been held for the 28-story, 280-unit mixed-use tower under development at 587 Main Street, in downtown New Rochelle, in southern Westchester County. The project is a redevelopment of the abandoned two-story Loew’s Theater, Westfair reported. The theater’s façade will be preserved and restored, while the performance space will be converted into a 10,000-square-foot black box theater. In addition, the base will include 17,000 square feet of commercial space and a 234-car parking garage. The residential units in the tower will be rentals. RXR Realty, Brause Realty, and ABS Partners Real Estate are the developers. Paulus, Sokolowski and Sartor (PS&S) is the architect and completion is expected in late 2018.


810 Fulton Street

New Developer to Build 12-Story, 363-Unit Mixed-Use Building at 810 Fulton Street, Fort Greene

RXR Realty has acquired, for $28.7 million, the leasehold of the development site at 810 Fulton Street, in southern Fort Greene, from GFI Development, Crain’s reported. The previous developer’s plans for a 12-story, 363-unit mixed-use building, filed back in 2014, are what the new developer intends to construct. The city has approved an air rights transfer that will allow the project to grow from seven stories (as-of-right) to 12. The Buildings Department is still in the process of giving those plans the green light, according to the latest filings. The most recent permits indicate the structure will measure 328,047 square feet. Of that, 32,358 square feet will be ground-floor retail, followed by rental apartments on the floors above. The units should average 815 square feet apiece and 20 percent (73 units) will rent at below-market rates. GFI technically worked on the a part of the project’s foundation before the 421-a expired, which means RXR can still benefit from the tax break. Aufgang Architects is behind the design. Construction will resume in the fall, with completion expected by 2019.




601 West 26th Street

Ground-Floor Retail Planned In 20-Story Office Building At 601 West 26th Street, West Chelsea

RXR Realty is planning to convert the ground floor of the Starrett-Lehigh Building – a 20-story, 2.3-million square-foot office building at 601 West 26th Street, in West Chelsea – into 50,000 square feet of retail space. The building, built in 1931 and designed by Cory & Cory, is an individual landmark and sits within the West Chelsea Historic District, which means the Landmarks Preservation Commission must approve the plans. According to Crain’s, new retail will span the full length of Eleventh Avenue between West 26th and 27th Streets. Verizon previously occupied the ground and second floors of the property along Eleventh Avenue but agreed to relocate within the building. An architecture firm has not been selected, although construction is tentatively expected to begin next year.


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