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Stella Phase Two Rises at 455 Main Street in New Rochelle, New York

Construction is rising on 455 Main Street, the 17-story second phase of Stella, a two-tower residential complex in New Rochelle, New York. Designed by Beyer Blinder Belle and developed in a collaboration between Wilder Balter Partners, Inc. (WBP) and L&M Development Partners, the structure will yield 126 affordable condominium units. The project will also include 3,500 square feet of ground-floor retail space and 101 enclosed parking spaces available for purchase. The 0.4-acre property is located at the corner of Main Street and North Avenue.

The reinforced concrete superstructure has surpassed the podium levels and is steadily rising alongside the first phase of Stella, which finished construction in 2021 to the north at 10 LeCount Place. Formwork covers the most recently formed floors of the main tower as the concrete settles, and the base of the external hoist has begun assembly on the western elevation along North Avenue.

Homes will be divided into 14 studios, 56 one-bedroom units, 42 two-bedroom units, and 14 three-bedroom units. All of the condominiums will be reserved for households earning at or less than 80 percent of the area median income (AMI). A list of amenities has yet to be announced.

The development is located within a 10-minute walk of the New Rochelle train station on the New Haven line to Grand Central Terminal.

455 Main Street is expected to cost $100.9 million and is slated for completion in June 2027, as noted on site.

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NYY