Recently completed. The Leaf over at Church Street (12 Church).
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Although BRP Companies back in April marked the grand opening of its mixed-use development known as The Leaf at 12 Church St., in New Rochelle, on Sept. 24 a formal ribbon-cutting ceremony was held and New York State Homes and Community Renewal (HCR) Commissioner RuthAnne Visnauskas announced that The Leaf has indeed been completed. It’s a 477-unit $297 million mixed-income housing development that includes 119 units of affordable housing for residents earning up to 60% of the Area Median Income.
The 26-story building was constructed on land previously occupied by the New York Covenant Church. The church now occupies portions of the first two floors of the new building. A community space and retail space are also on the first floor. The Leaf is within walking distance of the New Rochelle Transportation Center for Metro-North and Amtrak, as well as several bus lines.
The project features the largest mural in Westchester County, a 20-story tall piece of artwork paying homage to New Rochelle’s diversity that is on The Leaf’s north-facing side on Main Street.
The entity 438 Main Street LLC, formed through a partnership between the St. Katherine Group and Kings Capital Group, is seeking financial incentives from the New Rochelle Industrial Development Agency for an affordable housing project at 438 Main St. in New Rochelle. The city’s Planning Board gave approval to site plans back in November of 2022 with an administrative amendment in December 2024. The building would include 115 units including one unit reserved for the building’s superintendent. The project also includes commercial space as well as 80 parking spaces.
The IDA was considering a sales and use tax exemption of $2,100,500 and a partial real estate property tax abatement structured under a PILOT (payment in lieu of taxes) agreement. There also is a mortgage recording tax exemption under consideration for the project.