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Suburbs lure NYC millennials with luxury housing, ax-throwing bars
New Rochelle and Yonkers, each a half-hour train ride from Midtown Manhattan with rents that are a fraction of those in New York City, are trying lure millennials priced out of the boroughs with luxury housing and trendy ax-throwing bars, Bloomberg reports.
Both municipalities have struggled to revitalize their downtowns after a boom of suburban shopping malls pushed out local business. Now, the two cities are ushering in a wave of development with long-term tax breaks and speedy permit approvals, aiming to attract city dwellers with more bang for their buck while still being only a stone’s throw from the heart of Manhattan.
For example, a forthcoming 110-unit rental tower in New Rochelle, dubbed the Millennia, will feature perks including an indoor putting green, free internet, and concierge services such as dog walking and housekeeping. Rents will range from $2,150 for a studio to $3,800 for the priciest two-bedroom apartments.
And in other news...
- Upper West Side preservationists continue their campaign against mechanical voids and Extell’s 50 West 66th Street, which would be the neighborhood’s tallest tower.
- New York architect Erica L. Tishman was struck and killed by debris that fell off at 17-story building at 729 Seventh Avenue. The building’s owners knew for more than a year that the facade was crumbling, but did nothing to fix it, records show.
- A plan to split the one-way toll on the Verrazzano Bridge was included in a federal spending package passed by Congress on Tuesday.
- This year, 28 cyclists were killed on city streets. Here are their stories.
- Tenant advocacy groups are demanding the state’s division of Homes and Community Renewal stop processing Major Capital Improvements (MCIs) until it issues new guidlines on the program.
- Jersey City joins Newark’s lawsuit against Mayor Bill de Blasio’s homeless relocation plan.