RXR Launches Leasing at New Rochelle Tower

Clinton Park. Image courtesy of RXR
Clinton Park. Image courtesy of RXR

RXR, in partnership with Greystar Real Estate Partners, has launched leasing at One Clinton Park in the heart of New Rochelle, N.Y. The mixed-use tower features 28 stories and includes 352 apartments. Also part of the development is Gibson’s Speakeasy, a resident-only space furnished with a custom bar and booth seating that can be transformed into work stations in off hours.

“As the master developer for Downtown New Rochelle, One Clinton Park has always been part of our broader development plan for the downtown, which is why we are thrilled to see it open to renters,” Joseph Graziose, RXR senior vice president of Residential Development, told Multi-Housing News. “The building will provide a much-needed supply of housing for the region’s growing population.”

Designed by PS&S and MdeAS Architects, One Clinton Park features a curved and streamlined metal and blue glass exterior that maximizes views and light from every direction. The unit mix will feature studio, one-, two- and three-bedroom apartments. Among the features and finishes of the homes are built-in closets, quartz countertops and backsplashes, in-unit washer-dryers and integrated stainless-steel appliances. Direct access to a 16,000-square-foot landscaped outdoor public plaza on Clinton Place represents one of the main elements of the property’s amenity suite.

Attracting renters

“COVID-19, of course, was the biggest challenge,” Graziose said. “At the height of the pandemic, RXR moved quickly to install robust public health protocols at its development sites to enable work in the downtown area to proceed. We maintained strict safety standards, including a vaccine requirement for all workers, which enabled the project to move forward, supporting a significant number of well-paying jobs and industries.”

Slated to open in this spring of 2022, One Clinton Park topped out in February of 2021. The project produced 250 on-site construction jobs.

In a prepared statement, RXR said it expects One Clinton Park to fortify the economic vitality of New Rochelle’s downtown community by spurring new retail and small business development. At the same time, the development will attract renters, to assist in reconstructing the enclave’s tax base.

The location of the development is minutes from the New Rochelle train station, which delivers direct access to Midtown Manhattan in 30 minutes.

As the tower concludes construction in the next couple of months, start of construction on Two Clinton Park, its sister tower, is slated to commence. In mid-November, RXR Realty obtained a refinance for a community in Yonkers.

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