The Real Deal New York

Westchester & Fairfield Cheat Sheet: Bedford accused of housing discrimination, RXR proposes $300M complex in New Rochelle … & more

By Jeff Vasishta | July 27, 2017 05:40PM

Clockwise from top: White Plains Mall, RXR Realty’s two-tower proposal in New Rochelle, Stamford Towers

Town of Bedford sued for discriminatory housing policies

While Westchester County Executive Rob Astorino recently celebrated HUD’s decision to withdraw its claims of exclusionary housing against minorities in the county, public records show that Fair Housing Justice Center filed a federal lawsuit this week, claiming that the town of Bedford is guilty of just that. The suit alleges that the city and its development arm excludes African-Americans from middle-income housing.

RXR Realty proposes two 28-floor towers in New Rochelle

One of New Rochelle’s most unattractive properties, the Church-Division parking garage, could be destined for a date with a bulldozer if RXR Realty has its way. The developer has proposed replacing it with two 28-story towers featuring up to 700 apartments and as much as 40,000 square feet of retail space, Westchester Business Journal reported. An 80-room boutique hotel next to the garage is currently under construction at a cost of $14.5 million. Plans were in place to paint the garage before new $300 million development plans surfaced. Abraham Philips, chief development officer for the hotel said, “We are extremely pleased, to say the least.” [WBJ]

The fate of White Plains Mall to be decided at Aug. 7 meeting

The largely vacant 40-year-old White Plains Mall may soon be no more. The city has scheduled a public hearing on August 7th to discuss proposed plans to tear it down in favor of a mixed-use development space proposal that includes plans for food-oriented retail, new residences, parking and green space. A zoning change is required before the proposal can be approved. [LoHud]

Three Stamford buildings go for $97M in the city’s biggest sale of the year so far

A downtown Stamford office complex was sold for $97 million, in the city’s largest property sale of the year so far. Stamford Towers, at 680 and 750 Washington Boulevard, and 734 Washington Boulevard were purchased by real estate investment management firm CBRE Global Investors on behalf of an entity named “SPUS8 Washington Blvd,” CTPost first reported.The seller was SL Green Realty, the largest commercial landlord in New York City. [CTPost]

Legoland’s secures environmental approval for Goshen resort

The proposed $500 million Legoland New York project cleared an environmental approval hurdle on July 20, in Goshen.  It’s an important building block in attempting to start construction on 523 acres of land owned by Merlin Entertainment, which plans to develop the resort. The theme-park proposal includes over 50 rides and a 250-room Legoland Hotel. The developers expect toattract between 1.5 million and 2.5 million visitors each year. Several more approvals need to be secured before the diggers roll in, Real Estate In-Depth reported. [Real Estate In-Depth]