News: Brokerage

New Rochelle continues its downtown development; The Printhouse offers upscale city living

Matthew O'Shaughnessy

Here in my hometown of New Rochelle, NY there is a substantial amount of new cutting-edge downtown development currently in full force. Indeed, The Queen City On The Sound is going through its colossal real estate metamorphosis. High caliber developers have descended on our fair city in droves.
One residential building which is now complete is the distinctive and significant The Printhouse, just down the street on Huguenot from Trump Plaza. The Printhouse designers and management position it as New Rochelle's newest luxury "boutique" apartment. The 6 story, 71 unit residential building features studio, one, and two bedroom homes boasting expansive windows, rich finishes, smart home technology, and in-unit washers/dryers. Amenities include a private fitness room, resident lounge, on -site parking, bike room, fully furnished and landscaped roof deck, and private storage.

The printhouse was designed by Magnusson Architecture And Planning with interiors by Gil Even-Tsur Architecture Workshop. According to principals of Megalith Capital Management,  "We launched our leasing efforts earlier this Summer and have received great feedback."
 
The Printhouse ideally is one of New Rochelle's newest luxury entries among several that have already broken ground or are going up and completed as this goes to print. As New Rochelle development charges on, one can only envision its remarkable final appearance.

Matthew O’Shaughnessy is a contributing author, New Rochelle, N.Y.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced