The project included the 800,000 s/f addition of a 12-story air-rights
transfer structure and renovation of the existing 23-story hospital building.
Mandl's original design called for a soaring 32-story structure, made possible by an air-rights
purchase from the neighboring church.
Freud also commented that though only approximately 18,000 SF of that is residential development, it is probable that additional air-rights
will be sold to a developer from neighboring buildings owned by the Harmatz family.
New Roc City has an application pending before the New Rochelle City Council to amend the air-rights
lease and change the zoning text to allow its 120,000 square-foot office complex to be converted to 92 market rate rental units of predominantly one- and two-bedrooms, said Joseph Apicella, vice president of development for Capelli Enterprises, which also operates 1,000 residential units through Summit Property Management.
Due to vacancies and unused air-rights
, these buildings create an ideal re-positioning as a condominium development conversion.