RXR Celebrates Topping Out Of Two Clinton Park Tower In New Rochelle

NEW ROCHELLE, NY — The New Rochelle skyline is still growing but the city's newest landmark has taken shape.

RXR announced on Thursday the topping out of Two Clinton Park, a 28-story, mixed-use tower and RXR’s third major development in New Rochelle.

RXR executives and New Rochelle city officials joined partners from the Bridge Investment Group, leadership from LRC Construction and Lessard Design, and development partners from Otera Capital at the site to celebrate the sky-high milestone.

"We are incredibly proud to celebrate Two Clinton Park’s topping out this morning," Greg Clancy, Executive Vice President, Construction and Development Services at RXR, said. "Since the project broke ground, we’ve employed over 500 workers, many from right here in Westchester County. Today’s celebration is dedicated to their hard work, skill and tenacity as we’ve worked together to achieve this exciting milestone."

Two Clinton Park will offer 390 state-of-the-art, luxury apartments, almost 24,000 square feet of amenities, and more than 7,500 square feet of retail space. Designed by Lessard Design, Two Clinton Park is just minutes away from the New Rochelle train station. The approximately 513,374-square-foot development broke ground in November 2021. Since then, its development has created 513 construction jobs.

"We take pride in our designation as master developer of Downtown New Rochelle, and the topping out of Two Clinton Park is another major milestone," Joseph Graziose, Executive Vice President of Development Services at RXR, said. "We’ve delivered over six hundred residences to the downtown with more on the way, bringing in new residents, and anchoring our dedication to a downtown that grows more and more vibrant each year. Two Clinton is one step closer to providing highly-amenitized, desirable homes and retail for the growing New Rochelle population."

Two Clinton Park’s 390 residences will range from studios to three-bedroom apartments. All of the units will feature floor-to-ceiling windows. The building features views of the Long Island Sound and surrounding skyline.

Building amenities will include co-working and dining spaces, a fitness center, a spa with infrared saunas and yoga studio, a library, a lounge, a children's playroom, and onsite 24/7 valet parking for residents and guests. Outdoor amenities will include a dog run and multiple terraces with outdoor dining, grilling, seating and gaming.

The building is a sister tower to RXR’s One Clinton Park, which stands across Clinton Place in downtown New Rochelle. One Clinton Park opened in June 2022 and is more than 60 percent leased.

"New Rochelle is an attractive market with a mix of growing diverse population, excellent transit accessibility and infrastructure," David Coelho, Chief Investment Officer at Bridge Investment Group, said. "Two Clinton Park possesses the essential components for a successful project, including a supportive local government and skilled development partners like RXR. Two Clinton Park will be a predominant piece of the neighborhood, and we are delighted to have partnered on this project."

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The developers noted that two Clinton Park’s topping out represents RXR’s eight+ years of commitment to the growth of New Rochelle’s urban core since being named the Master Developer of the city’s downtown in December 2014.

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