Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
Construction Nears End on Luxury Apartment Project in New Rochelle
NEW ROCHELLE—Building on the leasing success of The Stella luxury high-rise, the development team of LMXD, an affiliate of L+M Development Partners, and WBP Development, have announced the debut of Twenty Five Maple, a boutique mid-rise residential rental apartment building in the heart of downtown New Rochelle.
The property, currently under construction, will feature 184 apartments with a host of indoor and outdoor amenities. Construction is expected to be completed by year’s end and the first residents at Twenty Five Maple will take occupancy in December 2022.
Located at 25 Maple Ave., just off Main Street, the seven-story building offers a mix of studio, one-bedroom and two-bedroom residences priced from $1,950 per month.
The residences feature large windows with solar window shades; lime-washed oak wide-plank flooring; in-home Electrolux washer/dryers; smart Dormakaba door locks and private terraces or balconies in select residences. The kitchens feature a stainless-steel Frigidaire appliance package, high-end cabinetry, and quartz countertops. The porcelain tiled bathrooms offer natural oak cabinets, designer countertops and Kohler fixtures in polished chrome.
Designed by the architectural firm of Beyer Blinder Belle, Twenty Five Maple offers residents a host of amenities including an elegant, attended lobby, multiple lounge areas, co-working spaces and a package room. The rooftop area boasts a state-of-the-art fitness center with adjacent outdoor sunbathing, yoga areas and resident lounge with bar, entertainment space and pantry. The rooftop also has a game room with a pool table, large screen TV and business center with co-working space.
Outdoor amenities include a landscaped rooftop deck with BBQs, bar and dining area with views of the Long Island Sound and Manhattan skyline. A lushly-landscaped outdoor plaza offers views over the neighborhood. There is also a roof-top dog park. The indoor parking garage is equipped with available electric car charging stations and has a storage area for bicycles.
“We are very pleased to introduce 25 Maple to New Rochelle. It’s a lovely new residential community downtown, with an intimate living environment and exceptional amenities,” said Katherine Kelman, Managing Director, LMXD.
“With Twenty Five Maple we intend to continue the leasing successes that we’ve enjoyed with The Stella in Downtown New Rochelle, which is experiencing a renaissance in first-class urban living,” said James Wendling, Vice President of WBP Development.
Exclusive marketing and leasing of the property are being handled by The Marketing Directors.