Perched on the waterfront within walking distance of the New Rochelle train station’s Amtrak and Metro-North lines and a stone’s throw from
the on and off ramps for I-95, the Stella is proof that geography is destiny.
The 28-story luxury apartment building — a joint venture of Wilder Balter Partners Inc. in Chappaqua and L + M Development Partners in Larchmont — is perfectly positioned to provide access to New York City while maintaining a comfortable distance from it and taking advantage of all that New Rochelle, humming with new energy and possibility, has to offer.
Lucy Hudson, the leasing director for the Stella, views the development as a natural evolution for those already in New Rochelle and those who have just started considering it.
“It relates to both people that already live in New Rochelle moving up into a better, brand-new living opportunity as well as drawing people from the city,” she says.
The Stella has already enticed one Big Apple business to open a New Rochelle franchise.
“We’re really excited (that) Joe Coffee Co. is joining the Stella as our lobby café,” says Angela Ferrara of The Marketing Directors LLC, the marketing and leasing company working to fill the Stella. (See Page 26.) “It represents something significant to the residents, because after hours it will become space for the residents. They can still use the area around the café to plug in as a venue for meet and greets and other business functions.”
And business is a chief concern for many of the Stella’s new residents. Part of that comes from being so well-positioned next to a transit hub. “We see a lot of our residents have one person working in the city, in Manhattan, and one working locally or maybe a bit north,” Ferrara says. “It’s become a very central location, particularly for couples or roommates that are headed to different locations.”
To fit that set of hybrid workers and infrequent commuters, Ferrara points to dedicated coworking spaces that residents are already enjoying when they want some distance between home and office even as they work from home. One resident even went further and bought a second apartment to use strictly as his work space. With 60% of its 511 units occupied, the Stella still has a range of residencies, from studios to two-bedroom, two-bathroom apartments, with rents beginning at $2,135 a month and climbing to $4,595 a month. (According to Apartment List, the average studio in New York City begins at $3,638 a month.) At the Stella, floor-to-ceiling windows and commanding views of the Long Island Sound are there for residents to relish on and off the clock. And that’s just the beginning of amenities that include a rooftop pool, providing residents with an oasis in the sky where they can see the city and the Sound from the 25th floor in a stunning shared space. A fully equipped gym and resident lounges also take advantage of some of the views.
Concierge services and additional outdoor space provide the building with further appeal, particularly for pet owners. The fifth floor boasts an outdoor dog run and the building also has dedicated dog grooming facilities.
“If you sit in our leasing office all day long, you see so many people walking back and forth with pets,” Ferrara says. “In fact, the name ‘Stella’ comes from the name of one of the (developers’) dogs.”
For more, visit rentstella.com.