Talk of the Sound has determined that City of New Rochelle building officials improperly approved Certificates of Occupancy for the mixed-use development built at 179 East Main Street by Bob Young Companies in 2006. The development, Huguenot Hills, is located between Main Street and Old Boston Post Road across the street from the road that leads to Five Islands Park. The development appears to violate local, County and State building codes related to plumbing and drainage as well as requirements that no modifications are made to previously approved building plans without written approval.
The developer failed to install a required system of gutters and leaders or downspouts on Building A, Building B and much of Building C as required under the plan approved by the City of New Rochelle.
Even if you love your pet's vet now, you are going to want to bookmark Dr. Rich Goldstein's new Mobile Vet Squad web site. The Mobile Vet Squad is a 26-foot long mobile veterinary hospital, providing full service veterinary care for dogs and cats at your home.
Dr. Goldstein's innovative service is sure to a hit with time-starved pet owners and those with animals too sick or too old to comfortably endure a trip to the vet or deal with a crowded waiting room. He works six days a week from 9am to 6 pm, except Saturdays until 1 pm (by appointment only).
Mobile Vet Squad will also arrange a group visit for your senior center, senior community, apartment complex, neighborhood, work site, or special event.
It is no understatement to say that dogs love Dr. Goldstein. Quincy, pictured here with his master, literally walked over to the doctor, and sat down in front of him waiting for some attention.
How many bargain hunters missed this one? According to the Miami Herald, Chatham Lodging Trust also purchased a Marriot in Long Island. Welcome to New Rochelle!
Do you think Mr Cappelli will use the windfall to pay off the almost 25 million owed to contractors from his troubled Concord Project in the Catskills? The money comes just in time as the developer is all but embarrassed into making good on his agreements with New Rochelle regarding the Anderson Street property.Read more
Capelli Enterprises has signed an agreement to sell the Residence Inn by Marriott in New Rochelle, NY to Chatham Lodging Trust (NYSE: CLDT),for $21,000,000 in an all-cash transaction.
For Capelli, the transaction represents a further unwinding of his stake in the New Roc City complex he developed 10 years ago. As part of a settlement agreement with former investment partner Entertainment Properties Trust (EPT), Capelli resolved outstanding legal disputes with EPT by turning over control of New Roc City to EPT.
Chatham Lodging Trust, the new owner of the New Roc City Marriott property, pending completion of the acquisition agreement, is a self-advised real estate investment trust that was organized to invest in upscale extended-stay hotels and premium-branded select-service hotels. The company currently owns eight hotels with an aggregate of 1,057 rooms/suites, and has a total of four additional hotels under contract to purchase.Read more
Capelli Enterprises has failed to meet agreed upon exterior improvements by July 31st,, a key condition of a recently signed extension of the Memorandum of Understanding between the City of New Rochelle and Capelli Enterprises for a planned development of the area bounded by North Avenue and LeCount Place and Huguenot Street and Anderson Street in downtown New Rochelle.
...Be it resolved, that the City Council of the City of New Rochelle hereby authorizes the City Manager to execute a Fourteenth Amended MOU to amend Section 2.2 of the MOU to amend Section 2.2 of the MOU to amend the Exclusivity Date through December 31, 2010, upon the following conditions.
1. By July 31, 2010, exterior improvements shall be made to 5 Anderson Street to the satisfaction of the Department of Development. If such improvements are not made by July 31, 2010, the MOU shall automatically expire...
Cynthia Lobo was sworn in on June 24th as the new President of the New Rochelle Chamber of Commerce. Lobo has pledged to work to revitalize the Chamber of Commerce which has struggled as of late. The Chamber web site is woefully out of date, the Chamber's annual Thanksgiving Day parade was cancelled last November and the organization had to close its storefront location on Main Street and terminate its Executive Director due to a lack of funds.
Pictured above at the ceremony at Five Islands Park is Deborah Mustich, Rosemary McLaughlin, William Cooper Colwell, Louis Dimeglio, President Cynthia W. Lobo, Esq., Judge Anthony Carbone, Vincent Fasano, Edward Loprette, Rita Mabli, and Jeffrey Kraus.
Lobo, a lawyer with offices in New Rochelle, is the Republican nominee for City Judge. She will be on the ballot facing off against Susan Kettner, the Democratic nominee.
The New York Times yesterday published an eye-opening article on the perils of financing green projects by attaching liens to private property. Such "green liens" are a centerpiece of Noam Bramson's GreeNR "sustainability" plan.
Fannie Mae and Freddie Mac, the government entities that guarantee more than half of the residential mortgages in the United States, have different priorities. They are worried that taxpayers will end up as losers if a homeowner defaults on a mortgage on a home that uses such creative financing. Typically, property taxes must be paid first from any proceeds on a foreclosed home.
As indicated in this story, many banks will not refinance a home with a ‘green lien’ or loan money to a buyer. Banks are worried that property owners who cannot keep up with payments will default on their loans, sticking it to the banks.
I found this article an eye-opener as I thought solar would be the way to go and was thinking about financing.Read more
Talk of the Sound caught up with leaders of the veterans community in New Rochelle and asked for comment on the news that Mayor Bramson had asked area lawmakers to pass a Home Rule bill in order to tear down the New Rochelle Armory.
Edward R. Murrow is hardly quaking in his boots over the launch of the news Talk of the Sound TV channel on YouTube but we're giving it our best shot with no funds and limited production capabilities. Don't worry, we're not taking ourselves to seriously but thought it might be nice to try and add more video reports like this to the site. Enjoy!Read more