• City Showcase: New Rochelle ⎯ A Home Run!

  • SEPTEMBER 21, 2012 | ECONOMIC DEVELOPMENT, REAL ESTATE

  • Tour Was an Eye Opener

  • New Rochelle has a clear vision for the future, let alone some wonderful commercial, retail, and residential assets. And the views are spectacular! For more than 150 developers, brokers, architects, site selectors and other guests on the City Showcase: New Rochelle tour on September 20, it was apparent that this city is one of Westchester’s jewels...


    ...This was the second in the series of City Showcases that the WCA’s BLUEPRINT for Westchester has organized to spur economic development in the county. According to Gregory Merchant, a member of New Rochelle’s IDA, “This was the best event we’ve ever had. We got the top-tier people here.”

    Like the premiere WCA event in April, City Showcase: New Rochelle included a bus tour, luncheon and keynote address from the city’s mayor. But unlike its predecessor, this half-day outing enabled everyone to experience the true breadth of New Rochelle’s cultural amenities, neighborhoods, and educational institutions – as well as its commercial properties – during a 90-minute drive through the city. And a luncheon 40 stories above the city clinched the deal.

    “It’s rare that a sequel surpasses the original,” said Marissa Brett, executive director of economic development, Westchester County Association. “But we’re pleased that WCA was able to showcase the total package New Rochelle can offer those who choose to invest, visit or live here. We look forward to shining our spotlight on Yonkers next year as we again reinforce the BLUEPRINT’s main themes: Westchester is convenient, has good transportation and infrastructure, offers an unparalleled lifestyle, is affordable, and is welcoming to business.”

    With its enviable location near major highways, railways and the Long Island Sound, New Rochelle has seen $1billion in new, private investment since Mayor Noam Bramson took office in 2006. The city boasts more households with incomes of $200,000 or greater than Scarsdale, Larchmont and Mamaroneck, and more Ivy league admissions from its schools than any other education system in Westchester. Still, Mayor Bramson insists, “a greater percentage of ore is still in the mine in our city.”

    Paying Dividends
    “The smartest investors choose stocks with virtues that have not yet been realized,” Mayor Bramson explained during his keynote address at “Top of the Roc,” Avalon on the Sound East in New Rochelle. “Investors with a degree of creative vision and foresight will find that return and value are higher here than in other cities. You’ll never find a better bargain than New Rochelle.”

    City Showcase: New Rochelle was presented in collaboration with the county’s real estate, business, and academic sectors, and strong participation from Westchester’s six cities and County government. It was organized by The BLUEPRINT for Westchester, the Westchester County Association’s aggressive campaign to revitalize Westchester’s economy.

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