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Under the plan announced by Mayor Noam Bramson, New Rochelle City Hall will move from 515 North Ave. to 45 Harrison St. being developed by MacQuesten Development of Pelham, NY/image provided by HPA Urban ArchitectureNEW ROCHELLE, NY—The vision of what Downtown New Rochelle could become is now clearly in focus. In his State of the City address last week, New Rochelle Mayor Noam Bramson announced a previously announced high-rise project is moving forward and another three major developments have been proposed for the downtown district.
The four developments, when completed, will add more 1,800 housing units to the downtown district.
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The rate is the lowest the company has received for a refinancing since 2019.
The move would put the company close to its Manhattan headquarters.
Meanwhile, office utilization rates are below 40%.
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