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New York

La Rochelle owner to build a second resi tower and a new road in New Rochelle

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Massachusetts-based DSF Group, the owner of luxury rental tower La Rochelle, has struck a deal with the city of New Rochelle to allow the construction of a new street on its property in exchange for permission to build an additional tower in the city, LoHud reported. The new street, to be named Shearwood Place, will cut through the La Rochelle property to create more access to the northbound side of the train station. DSF Group will pay for the construction of the street. The developer hasn’t finalized its proposal for the new residential building but said it would be 23 stories and should contain about 200 units. [LoHud]

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Westchester & Fairfield