News: Owners Developers & Managers

RXR and Chuo Nittochi America Corporation Team hold groundbreaking for 101-unit The Arden

Glen Cove, NY RXR in partnership with Chuo Nittochi America Corporation Team, held a groundbreaking ceremony for its newest residential development within Garvies Point — The Arden. Marking RXR’s next phase of the community’s multi-phased transformation of the town’s waterfront on Long Island, The Arden is an upscale and boutique luxury rental building designed to deliver a members club–style living experience with waterfront views and a suite of amenities.

The Arden will rise five stories and feature 101 residences ranging from studios to three-bedrooms.

In addition, the project will include 2,400 s/f of retail with outdoor patio seating, 94 covered garage spaces, 72 surface spaces and 7,150 s/f of indoor amenities including an attended lobby, resident lounge with kitchenette, golf simulator, work-from-home lounge, 24/7 fitness center, high-speed Wi-Fi, mail/package room, and a wellness lounge with sauna and massage treatment rooms. The 8,300 s/f of outdoor amenity space includes a landscaped courtyard with pergola and firepit, swimming pool, grilling stations with prep sinks, bicycle storage, EV charging stations, and direct walking trail access to the Garvies Point Preserve.

“This groundbreaking represents another milestone in our long-term commitment to Glen Cove and the continued revitalization of the waterfront and downtown core,” said Joe Graziose, EVP residential development and construction, RXR. “Garvies Point has already proven itself as a thriving neighborhood. This next phase brings an even higher caliber of living, further solidifying Glen Cove as a premier destination on Long Island.”

“Today’s groundbreaking marks another important step in Glen Cove’s continued transformation,” said mayor Pamela Panzenbeck. “The Arden reflects our shared commitment to thoughtful development that strengthens our waterfront, creates jobs, expands housing opportunities, and enhances quality of life for our residents.”

This project builds upon RXR’s multi-phased commitment to Glen Cove as the master planned developer of Garvies Point. The project, introduced in 2019, was a decades-old industrial wasteland RXR has transformed into a 56-acre, mixed-use community including a 1.1-mile waterfront esplanade, marinas, restaurants with outdoor dining, a dog park and more than 28 acres of open space and public parks. 

Other rental buildings onsite include the 385-unit Harbor Landing. The retail community includes Garvies Point Brewery & Restaurant and Glen Cove Gourmet Deli & Bagels, located in Harbor Landing. Garvies Point is also home to The Beacon, a condominium building with 166 homes. 

The Arden is scheduled for completion in 2027. Once complete, RXR will have delivered more than 800 rental units to the new neighborhood. This continued growth has fueled the revitalization of Glen Cove’s downtown, activated its town center, and introduced new retail, dining, and public spaces that continue to draw both residents and visitors.

This is Chuo Nittochi America Corporation Team’s first direct joint venture with a U.S. developer. The project reflects growing international interest in Long Island and reinforces RXR’s commitment to shaping vibrant, livable communities across the region.

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