TRAMMELL CROW / COURTESY HOTEL
Overview of Trammell Crow Residential
Established in 1977, Trammell Crow Residential (TCR) is one of the nation's premier multifamily real estate firms. Since its inception, TCR has developed over 225,000 multi-family units in most major markets across the U.S. TCR has established itself as the country's leader for multifamily residential developers with its ongoing broad base of multi-family industry research, financial strength, and local market knowledge.
TCR's primary business is value creation through the acquisition, land entitlement, development, and construction of multi-family housing. TCR bases its activity on superior knowledge of local market needs and trends. Seeking properties of the highest caliber that meet with consumer demand, TCR aims to enhance the communities of which they are a part, and ultimately provide superior yields for investors, clients and partners.
TCR's national reputation is complemented by a strong local presence in each of the major markets TCR serves. Local executives acquire, develop and construct multi-family communities as their own businesses. Partners are able to benefit from successful ideas in various parts of the country, as well as relationships that bring capital to bear on great local opportunities. This organizational strategy contributes to the dynamic and entrepreneurial character of our company, making TCR flexible in the face of changing market conditions, responsive to local community needs and a leader in the industry. TCR's enviable track record of success has been achieved through consistent innovation, leadership, and local presence.
Alexan @ West Hempstead Station
– Size of property: 2.72 acres
– # of proposed units: 150
– Number of floors – 4
– # of Parking Spaces: 255 (includes one parking space per apartment home, $100 for each additional parking space)
– Monthly Rents: ranging from $1900 - $2700 for one, two and three-bedroom apartment homes
– Apartments will have spacious walk-in closets, bathrooms, full-size washer/dryer, wall-to-wall carpeting, mini and vertical blinds, and fully applianced designer kitchens
– The community will have a clubhouse featuring an on-site management and leasing offices, clubroom/lounge, business center, state-of-the-art fitness center, and locker rooms, as well as landscaped courtyards and a swimming pool
– Front of the development will face Hempstead Avenue across the street from the parking lot of Liquidators
– Back of the development will run along the train tracks of the WH LIRR station
– Apartments will adhere to the regulations and requirements of the Nassau County Fire Commission and applicable Town of Hempstead codes; in addition they will consult with the West Hempstead Fire Department to discuss specific requirements
– TCR has performed traffic studies to analyze site access and vehicular routes. The traffic studies will be reviewed by the Town of Hempstead and Nassau County during the entitlement process
– Sanitation will be handled by a private carting firm
Application process for prospective renters
– Credit Check
– Criminal Background check for past 10 years
– Occupancy limit to two people per number of bedrooms (e.g. 1 BR maximum is two people, 2 BR is four people, etc.)
– No-subletting will be allowed
– All occupants must be signatories to the lease
– TCR follows federal, state, and local Fair Housing laws
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