Skip to Content
Author: The BCW

Leave a Comment

The Modern debuts in Mount Vernon

From left, Joseph Apicella, Managing Director of Development, MacQuesten Development; Alex Roberts, Executive Director, Community Housing Innovations; Erin Galligan, Senior Vice President, Bank of America Merrill Lynch; Assemblyman Gary Pretlow; Mount Vernon Mayor Richard Thomas; Rella Fogliano, Founder and President, MacQuesten Development; and Westchester County Executive Robert Astorino

Congratulations to BCW Member MacQuesten Development on the grand opening of The Modern, a $31.5 million affordable housing development featuring 81 rental apartments and 9,300 square feet of ground-level office and community space. Located at 130 Mount Vernon Avenue in what was once a struggling commercial corridor, The Modern is the centerpiece of a transit-oriented renewal of the Mount Vernon West Transit District.

“We knew the Mount Vernon West area had great potential for residential and this is the first step towards turning that into a reality.” said Rella Fogliano, Founder and CEO of MacQuesten Development. MacQuesten is planning to renovate the Mount Vernon West Metro North Train Station which it acquired last year and create a mixed-use retail facility. The company has also proposed plans to build a 17-story, 189-unit mixed-use apartment tower next to the train station known as 22 S. West Street Tower.

The grand opening of The Modern, which was celebrated on September 28, featured state, county and city officials. Sara James, Senior Vice President of Membership & Programs, represented the Business Council at the event. 

Similar News Items

More than 450 from business, not-for-profits and government were on hand Tuesday evening for the Business Council of Westchester’s Annual Hall of Fame Awards Dinner. This year’s program, which was held at the Glen Island Harbour Club in New Rochelle, honored business leaders and organizations who have transformed their industries and added to the economic […]

Read Article

Artificial intelligence, or AI, is impacting virtually every industry, offering opportunities to transform business as usual. Understanding the technology and how best to leverage its potential in real estate was the topic of a recent in-depth forum hosted by Fordham University’s School of Professional and Continuing Studies and The Business Council of Westchester. “Revolutionizing Real […]

Read Article

In a big boost for the City of Yonkers, the owners of Ridge Hill held a groundbreaking this week for the launch of a major redevelopment plan. “It’s good to see a company like North American Properties that has the ability to run shopping centers with the success they’ve had in this changing retail market,” […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top