AWARD WINNING EDITORIAL
INCLUDING THE HUDSON VALLEY DECEMBER 27, 2021 VOL. 57, No. 51
westfaironline.com
Westfair's 2021 Persons Of The Year
Nicholas Coriano
William S. Null
Margaret Feeney
Howard Saffan
Susan Fox
Bill Taibe
Wilson Kimball
John Visentin
Greg King
Michael Zarin
t
Waterfront development poised to move forward BY PETER KATZ Pkatz@westfairinc.com
W
hen the New Rochelle City Council on Dec. 14 adopted amendments to the city's Downtown Overlay Zone that included creating a new waterfront overlay zone, it was exactly what developer Twining Properties had been waiting for. Twining was selected by the city to create a 13-acre waterfront development that is to include a rehabilitated and repurposed New Rochelle Armory. The city has issued a Request for Proposals (RFP) designed to select a developer for city-owned land in the waterfront area. Twining envisioned a residential and
retail center with approximately 700 apartments and some 80,000 square feet of retail, plenty of parking, waterfront open space areas and possibly a hotel. It also proposed renovating the long-deteriorated former armory and making it a centerpiece of the project. While Twining was able to move ahead with stabilizing the armory and setting the stage for it to come back to life, moving ahead with final designs for the rest of the endeavor had been slowed by not knowing what would be permitted once revised zoning was finalized. For example, Twining needed to know what building heights would be permitted, what set» WATERFRONT DEVELOPMENT
Evan R. Corsello
Frank J. Gaudio President & CEO
203.302.4375
6
Chief Lending Officer
CALL US TODAY
203.302.4003
EXPERT LENDERS COMMERCIAL & RESIDENTIAL Port Chester – 914.908.5444 500 Westchester Avenue
NMLS # 510513
Cos Cob – 203.629.8400 444 E. Putnam Avenue
Stamford – 203.413.6101 900 Summer Street
» PERSONS OF THE YEAR
3