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May 18, 2008

New Rochelle, developer reach agreement to overhaul Echo Bay waterfront

LoHud.com
Gerald McKinstry

Forest City's $450 million plan calls for a 300-room hotel, 150,000 square feet of retail, 600 luxury apartments, 62 waterfront townhomes, 42 condominiums and parkland. It includes cleanup of contaminated land there.

In lieu of salvaging the Armory, the developer has proposed a new 20,000-square-foot community center that pays homage to the existing military building built in 1931.

Homage - that sounds even nicer than buildings that “speak to the residential fabric of the neighborhood.”

Saving the Armory is neither feasible nor compatible with Forest City's plans if it is to create 5 acres of open space on the waterfront, said Abe Naparstek, director of development.

Naparstek said the council's vote on the agreement was an important one and that it was "important we have support from the majority of the council."

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Posted by amy at May 18, 2008 9:23 AM