Five firms apply to be Port Chester’s ‘master developer’

December 06, 2017 06:39PM

Port Chester wants to hire a “master developer” to redefine the area around its Metro-North station as a “cohesive, walkable, transit-oriented” downtown, and the Village Board recently heard from five real estate firms that want the job. RXR Realty, Hines, HB Nitkin Group, Renaissance Downtowns and the Albanese Organization all submitted proposals in response to Port Chester’s request for qualifications. Commercial real estate giant Cushman & Wakefield also submitted an offer to advise the board moving forward. The village is trying to move away from “ad hoc” development of apartments and retail buildings. [WBJ]