By Mary Keon
Transit Oriented Development Continues to Thrive in Downtown New Rochelle. Three recently completed residential rental buildings, 5 Anderson Place, The Hammel Building (48 Burling Lane) and The Lombardi (11 Park Place) are all within two blocks of the New Rochelle train station. Each developer has utilized high-end finishes for their buildings and the apartments could easily pass for condo units, making renting very pleasant while Millennials save for their own homes.
Tony and William Hammel have incorporated a “State-of-the-Art” 24/7 monitored video security system, accessible to tenants on their smartphones at the 48 Burling Lane building. Other amenities include a “Bark Park,” for dogs and an on-site fitness center.
The Hammels plan future buildings at the Burling Triangle, bounded by Burling Lane, The New York State Thruway and Memorial Highway. The Millennia will offer luxury studio, 1 and 2 bedroom apartments with access to a rich package of amenities including access to a glass atrium overlooking a large park-like indoor courtyard. Work from home Millennials will have access to an on-site business center where they can schedule client meetings, a fitness center, several communal spaces and a bike-sharing program, among other features, said Tony Hammel. Construction starts October 16th.
The brothers are also developing New Rochelle’s first micro apartment building, “The Residence,” capitalizing on the need of recent graduates for affordable rents.
The units will have built-in Murphy Beds and are projected to run approximately $1600/month for an estimated 410 sq. ft. Tenants will have the option of buying into the amenities at the Millennial across the street, if their budget permits.