Mill Creek Opens Luxury New York Community
The 334-unit asset was built to NAHB Green Building Standards.
Mill Creek Residential has opened Modera New Rochelle, a 334-unit luxury community located 20 miles northeast of Manhattan, N.Y. According to Yardi Matrix data, Modera New Rochelle began preleasing in January of this year. A total of 136 apartments, or 41 percent, were pre-leased as of August.
Located at 111 Centre Ave., Modera New Rochelle is a 30-minute train ride to New York City. Residents will be near Main Street of New Rochelle’s downtown. The New Rochelle population, more than 80,000 as of July, rose 2 percent from April 2020 to April 2021, according to the United States Census Bureau.
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The property was built to NAHB National Green Building Standards and offers studio, one- and two-bedroom homes. Units feature 10-foot ceilings, washers and dryers and programmable thermostats. Community amenities include a rooftop lounge with views of the Long Island Sound and New York City skyline, a pool, a dog park and pet spa, an outdoor theater and a fitness center.
An art alley with public art murals on the ground floor of the asset accompanies Cafetero, a coffee shop.
Officials at the grand opening included the New Rochelle Mayor Noam Bramson, City Manager Charles B. Strome II, Deputy City Manager and Coporation Counsel Kathleen Gill as well as City Council Members and several commissioners.
Mill Creek recently acquired a 312-unit garden-style apartment in Raleigh, N.C. The firm has also been active in the Houston community, moving residents into its Modera Six Pines.