Rella Fogliano, President of MacQuesten Development LLC, and the leading developer of affordable housing in New York State, believes that luxurious housing should not be reserved only for the rich.
“I see a need for affordable housing in Westchester,” said Fogliano, “and they should be beautiful—no different than luxurious developments. I love the challenge.”
The development company’s most recent challenge includes the transformation of the Hartley Houses—New Rochelle’s crumbling, sixty-year old, low-income housing project—into Heritage Homes, a beautiful modern development that tenants are proud to call home.
The aging Hartley Houses were in desperate need of repair before MacQuesten Development came to the rescue. Fogliano cited problems ranging from outdated mechanical systems, to oil heat, to non-compliance with provisions of the Americans with Disabilities Act. Public halls and unreliable elevators made security an ongoing concern.
“We were attracted to the opportunity to provide residents with better housing options. With our construction, the residents will have an opportunity to live in dignified, but affordable housing,” she said.
MacQuesten completed the first phase of the three-phase remake in June of 2013. The $37 million Heritage Homes development comprises 131 rental apartments: 14 studios and 36 one-bedroom apartments in a four-story building with laundries on each floor, and 80 two-bedroom townhouse style apartments. Ground floor units are wheelchair accessible. Rents range from $896 for a studio to $1381 for a two-bedroom duplex townhouse.
The development company’s portfolio includes affordable housing developments in Mount Vernon, New Rochelle, the Bronx, Brooklyn, and Manhattan.