Newswire Residential

Stella, One of the Area’s Most Successful Multifamily Developments, is Fully Leased in 15 Months After its Debut

In a milestone for one of New Rochelle’s most successful new luxury rental communities, Stella is fully leased 15 months after its debut.

Located at 10 Le Count Place in the heart of downtown New Rochelle, the award-winning, 28-story, mixed-use residential tower features 380 elegantly designed studios, one-, and two–bedroom apartments.

Stella, which is a development of WBP Development LLC, and LMXD, an affiliate of L+M Development Partners, recently won the Westchester Home 2023 Builders Award as Westchester’s Best Luxury Multifamily Development.

Stella is also winning raves from residents who are attracted to the spaciously designed apartments, best-in-class amenities, convenient access to nearby Metro North-Amtrak station and breathtaking views of Long island Sound and Manhattan.

“I turn the door handle walk through my door, and I am home. This apartment is all I ever wanted and more,” said Stella resident Lawrence Gold.

Easy access to the Metro-North station plus the amenities were factors for Kerry and William Holmes, who moved from New York City to a one-bedroom apartment on the 22nd floor of Stella last July. “Stella offers immense value for the price point and we couldn’t refuse! We truly feel like we got everything we wanted in our new home,” said Kerry.
Whether it’s the amenities, easy access to the train, the friendly staff or the spectacular water views, these are all reasons why Himaja Nekkalapudi chose to move to Stella. But most of all it is the pet friendly environment. “Stella is the only building I found that allowed dogs on the larger side! I was looking for an apartment for almost two months before deciding on Stella,” she said.

Luxury amenities are a significant attraction at Stella. With the start of summer, residents will soon be enjoying the roof-top outdoor pool, chef demonstration kitchen and rooftop bar lounge. There is also concierge service, a 3,000-square- foot state-of-the-art fitness center, resident lounges with bars, co-working spaces, , children’s play room, game room with pool table, indoor parking and bike storage. For dog owners, Stella features a pet spa with outdoor play area. In a feature unique for this market, Stella’s lobby is home to the first Joe Coffee café in Westchester.

Stella is drawing young professionals, many of whom work in finance and health care. Geographically, about a third of its residents are from New Rochelle and nearby communities of Mamaroneck, Rye, Pelham and Larchmont. More than half of the residents are from New York City. Many are seeking New York City quality apartments and amenities but at a more affordable price point. As for work, more than half of Stella residents work in Brooklyn, Bronx, Manhattan and Queens. The easy access to Metro-North is an important benefit that takes the hassle out of a daily commute to work.

“We are extremely proud to have had the opportunity to lease the homes at Stella in record time,” said Jackie Urgo, President of The Marketing Directors, the exclusive leasing and marketing agent for Stella. “It is an incredible community with an unmatched lifestyle offering in New Rochelle, minutes from the Metro North train, and within close proximity to Manhattan and all the conveniences of Westchester County.”

“We are delighted to be a part of the incredible urban transformation under way in downtown New Rochelle. Stella offers a winning combination of excellent design, extraordinary amenities and convenient access to Metro-North,” said James Wendling, COO of WBP Development.

“The leasing success of Stella is a testament to the award-wining team we assembled for this exciting development. The result is a beautiful building that is setting a new standard of excellence in multifamily living in New Rochelle and Westchester County,” said Katherine Kelman, Managing Director of LXMD.