5 | ON POINT OCTOBER 5, 2015 | VOL. 51, No. 40
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25 | SPECIAL REPORT westfaironline.com
Millennial-geared apartments planned for New Rochelle BY EVAN FALLOR evan@westfairinc.com
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New York City developer is looking to demolish a downtown New Rochelle machinery warehouse and turn the space into a transit-oriented residential community for millennials. Anup K. Misra, founder and CEO of East & Hudson New Rochelle LLC, plans to develop 165 Huguenot St. — a five-minute walk from the Metro-North station — into a 64,000-square-foot, 71-apartment, six-story building targeting the millennial submarket of those born between the early 1980s and mid-1990s. Plans include 24 studio apartments, 31 one-bedroom apartments and 11 two-bedrooms on the second to sixth floors. All will be offered as rental units and
range from 500 to approximately 975 square feet. The site is at the northeast corner of Huguenot Street and Valley Place across from the New Roc City shopping center in the shadow of Trump Plaza. East & Hudson has marketed it as a desirable location for young professionals because of its proximity to rail, retail, restaurants and entertainment. Misra’s plans designate 3,000 square feet of the first floor for commercial and amenity space including a gym, community room and laundry room. An outdoor terrace is also planned for recreational activities. Approximately 16 parking spots are planned on the 0.36-acre site, with overflow set to use the existing spaces in the New Roc City parking garage. New Rochelle’s planning » NEW ROCHELLE, page 6
Shane Coppola, CEO of American Skating Entertainment Centers. Photo by John Golden
Flanagan expects heated fight over minimum wage BY COLLEEN WILSON cwilson@westfairinc.com
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ew state Senate Majority Leader John J. Flanagan struck a friendly but assertive tone in a speech recently to members of the Westchester County business community that outlined the good, bad and areas in need of improvement in Albany. Flanagan’s political agenda overview was part of a leadership speaker series hosted by The Business Council of Westchester at the Crowne Plaza in White Plains on Sept. 25.
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The visit was the Republican majority leader’s first official stop in the county in his new post, which he assumed in May after former majority leader Dean G. Skelos was indicted on corruption charges. “(Gov. Andrew M. Cuomo) is advancing a lot of different issues that are helpful and there are some that are quite problematic,” said Flanagan, who represents parts of Suffolk County. One issue, he said, is emblematic of that conundrum: the minimum wage. Flanagan reminded the audience of last
year’s heated debate over the minimum wage, which was not increased in this year’s state budget. At the behest of the governor, the minimum wage did rise for fast-food workers after a wage board Cuomo empaneled recommended an increase from $8.75 to $15 per hour. New York state acting Commissioner of Labor Mario Musolino signed off on the deal earlier this month, which will be phased in over three years for fast-food workers in New York City and over six years for those working in the rest » FLANAGAN, page 9
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