New Rochelle, NY City officials joined National Realty & Development Corp. (NRDC) to mark the groundbreaking of WatermarkPointe, a $100 million, 72-unit waterfront residential community positioned along the Long Island Sound. Located on the Davenport Neck peninsula, WatermarkPointe includes nine four-story buildings of condo residences with panoramic water views and private beachfront access.“National Realty & Development Corp. brings to New Rochelle impressive vision, wide-ranging experience, and a proven commitment to quality,” said mayor Noam Bramson. “We look forward to strengthening our partnership with this capable team as New Rochelle pursues the most ambitious development objectives in our history.”
This development complements projects underway and proposed throughout the city. Regional Construction Corp. is the general contractor and Granoff Architects is the architect.
Downtown in particular has seen a burst of construction as part of the city’s redevelopment initiative, which is expected to bring $4 billion in new investment to the city and continues to attract major developers including National Realty & Development Corp., to the area. WatermarkPointe residences are selling out in record time, with 25 units in the first phase already sold. The second phase has been accelerated to come onto the market this winter.
“National Realty & Development Corp. is excited to create a high-quality waterfront community on the shores of New Rochelle, a city that is quickly becoming an ideal location for those seeking a suburban lifestyle with all of the benefits of a large city,” said Jerry Bermingham, executive vice president of development/acquisitions at NRDC. “With a hands-on approach, NRDC is fully dedicated to building communities that encompass a high-end residential lifestyle, and we’re thrilled to see the first residences of WatermarkPointe selling out in record time.”
WatermarkPointe’s condominiums will include contemporary and elegant two-bedroom plus den and three-bedroom residences each with open plan great rooms with sleek fireplaces and gourmet kitchens complete with generous islands, luxury cabinetry, and top-of-the-line appliances. Additionally, residents can enjoy year-round views of the sound via private 30-foot-wide terraces which span the great room on the waterfront side of every residence. The waterfront community also includes: a well-appointed secure lobby and indoor parking garage; a clubhouse with a bar, fireplace, large-screen TV and comfortable seating; an exercise room; and an outdoor pool overlooking the sound.