A Dobbs Ferry developer is planning to build an “urban resort” at the entrance of downtown New Rochelle, according to the Westchester County Business Journal. D’Wayne Prieto, the managing partner and CEO of Ward Capital Management, hopes to bring a 24-story, 225-key hotel to 115 Cedar Street, he told the outlet. Wyndham Hotels Group will operate the hotel, which will be branded as a TRYP by Wyndham hotel. Prieto’s wife, Jewelle Prieto, was the founder and co-owner of a restaurant and nightlife spot called Don Coqui that operated out of the existing 1905-built building at the site for several years, the outlet reported. Prieto plans to “reuse” the building, which she envisions as a hotel with a rooftop pool and glassy facade. Ward Capital has already secured approval for a zoning amendment it needed to move forward with its plans. [WBJ]
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225-key ‘urban resort’ hotel planned for New Rochelle
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