NEW ROCHELLE

Advertorial Resource Guide

There has been a huge transformation happening over the last few years in New Rochelle and the Downtown area has shown a significant uptick in activity as new residential construction continues and buildings are opening. This new downtown development promises success, especially combined with New Rochelle’s core assets - unrivaled location and transit connections, a talented and diverse population, and great schools, libraries, and neighborhoods. The wave of new luxury downtown developments is attracting residents with fresh energy, strong household incomes, and healthy consumer expenditures from the larger NYC Metro area to New Rochelle. The emerging “new” New Rochelle demographic generates an opportunity for restaurants, shops, gyms, and other industries to bring their businesses to New Rochelle.

RM Friedland has been an integral part of leasing commercial real estate in New Rochelle and the surrounding area for over 50 years. Working with master developer RXR, RM Friedland has been retained to exclusively represent their retail space at One Clinton Park and 587 Main/360 Huguenot.

“With over 7,000 new residential units coming online retailers are seeing the Downtown as an opportunity to get in now and be able to service all these new residents now and in the near future, says David Scotto, Senior Vice President of RM Friedland. “The interest in availabilities at Nardozzi Place has picked up now that PXG and My Salon Suite are open and driving customers to that location. Now that LA Fitness is open, it’s only going to increase the potential customer base which new tenants coming in will be able to service” adds Scotto.

A recent report from personal finance website WalletHub named New Rochelle among the ‘Top Ten Most Diverse Small Cities in the US’; also noted that the city is rich in opportunity as well as its socioeconomic, cultural, economic, and religious diversity. “There is a buzz about New Rochelle right now,” remarks RM Friedland’s Katelin Van Voorhis. “New Ro has always been known for its vibrantly diverse vibe and we’re excited to be in talks with several exciting and diverse new businesses interested in downtown retail space.”

The Retail Division at RM Friedland consists of some of the most respected and talented professionals in the industry. With over 100 years of combined experience, the team has a stellar reputation for creativity and hard work. We are constantly evolving to meet the demands of our market and know how to get it done. Our team members are experts in the market(s) we serve, and this expertise is what drives our success. We leverage emerging technologies and frontline expertise to expand our reach and provide our clients with the best possible service. In fact, we regularly meet with expanding retailers, run sophisticated analytics on markets, and personally inspect commercial real estate assets.

For more information on our current retail properties or how we can help you with your next real estate transaction, contact David Scotto at 914.968.8500 x 306 and Katelin Van Voorhis at 914.968.8500 x 313. You can also visit our website at www. rmfriedland.com.