Work is complete on The Alary, a 28-story residential tower at 33 Westchester Place in New Rochelle, Westchester County. Designed by Fogarty Finger Architects and developed by Allstate Ventures, the building yields 315 rental units in studio to two-bedroom layouts. The structure is the final phase of Westchester Place, a three-building, arts-focused development that also includes The Arc and The Atelier.
Rendering of The Alary. Designed by Fogarty Finger Architects.
The Alary features a white terracotta and bronze-accented façade. Residential amenities include a fitness center, coworking areas, game room, children’s playroom, and a rooftop sky lounge. Additionally, the property features a 28th-floor landscaped terrace with a pool, outdoor cinema, barbecue kitchens, fire pits, and a dog park. The building also features nearly 7,500 square feet of ground-floor retail space.
Rendering of sky lounge at The Alary. Designed by Fogarty Finger Architects.
Rendering of fitness center at The Alary. Designed by Fogarty Finger Architects.
Rendering of 28th floor pool at The Alary. Designed by Fogarty Finger Architects.
Transit nearby the Alary includes the New Rochelle Metro-North station, providing direct access to Midtown, Manhattan approximately 17 miles away.
“This state-of-the-art development located in the heart of downtown New Rochelle, just steps from the train station, will not only add 315 new homes to our city but also make meaningful contributions to our vibrant arts district,” said Mayor of New Rochelle Yadira Ramos-Herbert. “Together with The Arc and The Atelier, The Alary offers premier housing, top-tier amenities, coveted retail space, and arts programming for our community members to enjoy.”
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I saw a WSJ article a while back talking about all the new construction in New Rochelle which actually brought rent down, seems like this is another example.
That is plausible – but not analogous to NYC. NYC is 300 sq miles (not all of which is usable or desired). The suburbs closest to the city of course will have high demand but the suburbs encompass thousands of square miles. The demand is diffused and actually depends on high prices in NYC. So the supply and demand equation is different in places like New Rochelle. There is a metro north but no subway. So it is easier to build past the level of demand for luxury apartments