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Votes at a glance: IDA approves ownership consent for 111 Center; CLD transfers $10,000 to marketing
Summary
On Sept. 24 the New Rochelle IDA and the New Rochelle Corporation for Local Development approved an administrative ownership‑consent resolution for a completed mixed‑use project at 111 Center (24 Maple Ave.) and authorized a $10,000 transfer into the CLD marketing budget for sponsorships and partnerships.
Two additional resolutions were adopted unanimously during the Sept. 24 meetings of the New Rochelle Industrial Development Agency (IDA) and the New Rochelle Corporation for Local Development (CLD).
The IDA approved a resolution consenting to a change in ownership structure for CH New Rochelle LLC, the developer of the completed 334‑unit mixed‑use building at 111 Center (also known as 24 Maple Avenue). Adam Salgado, commissioner of development and the IDA executive…
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