Megalith breaks ground on 6-story apartment building in downtown New Rochelle

The Printhouse at 165 Hugenot Street in New Rochelle is the latest Westchester apartment building hoping to land millennials priced out of Manhattan and Brooklyn. Manhattan developer Megalith Capital Management and partner Fleetwood-based East & Hudson, who are constructing the project, held a groundbreaking ceremony on Wednesday. The 71 units in the six-story building are a part of a larger revitalization plan, for which RDRXR — a partnership between Residence Downtowns and RXR Realty — is the “master developer.” The building has amenities including a rooftop terrace, lounge, fitness center and retail space on the bottom floor. It’s located near the Metro-North station. [Chappaqua Daily Voice, WBJ]