NRP Group Opens 200-Unit Luxury Apartment Community in Harrison, New…

Event summary

The NRP Group, in partnership with RPW Group, has completed and opened One Webb Ave, a 200-unit luxury multifamily community in Harrison, New York.
The community features a mix of studio, one-, and two-bedroom residences and is LEED Silver certified.
Five percent of the community’s homes are reserved for residents earning 80% of the area median income.
The project is part of NRP's continued expansion across New York and the broader Northeast.

The big picture

The opening of One Webb Ave underscores NRP Group's strategy of delivering high-quality, mixed-income housing in desirable suburban locations. This project aligns with broader industry trends towards sustainability and wellness-focused residential developments. With over 68,000 apartment homes developed nationwide, NRP Group continues to expand its footprint in the Northeast, leveraging its vertically integrated business model to deliver consistent returns for investors.

What we're watching

Market Demand: Whether the strong market fundamentals and growing demand for high-quality, well-connected housing in Harrison will sustain occupancy and rental rates.
Strategic Expansion: The pace at which NRP Group can replicate this model in other high-demand markets across the Northeast.
Regulatory Dynamics: How local government support and regulatory frameworks will impact future affordable housing developments in Westchester County.