New Rochelle is experiencing the transformation of a Lifetime. The City offers the best of both urban and suburban living. The downtown is lively, accessible, rich with culture and fine dining. This all blends nicely with beautiful suburban residential communities, highlighted by parks, waterfronts and green space all within 28 minutes to NYC by train. The ideal location has spawned major growth. NewRochelleApartments.com serves as a guide to navigate the influx of new luxurious living options.
New Rochelle: Close to NYC yet far enough away
The pandemic accelerated many New Yorkers’ decision to leave Manhattan yet was not the sole catalyst. The shift to the suburbs was already well underway before Covid struck. Prior to Covid, the housing affordability crisis was already driving people from large cities to small. People flocked to neighboring suburbs to garner superior living conditions for less. This migration has become more pronounced this spring after several months of shelter-in-place orders and civil unrest. With more permissive policies around remote work, and a rising wariness about close quarters the march to the suburbs will likely accelerate. People are rethinking whether they want to live in highly populated cities or in dense high rises. They want to live their daily lives without feeling inundated by their neighbors. Former amenities such as private terraces, in-unit washer dryers, private fitness centers and rooftop decks are no longer considered luxury items. Multifamily communities near transit hubs such as NewRoStudios.com & TheHammel.com in New Rochelle are well positioned to take advantage of the trend. They provide more space, finer finishes & friendlier prices just outside the five boroughs. "The most recent tenants to have joined our community have come from the City and surrounding boroughs. Their story was the same. They no longer felt comfortable living in such highly populated areas and felt the costs in relation to the benefit of living in NYC was no longer worth it." says Jaime Spedaliere the Director of Operations @ ELD Properties.