The Real Deal New York

Staten Island neighborhood news

  • From left, HUD Secretary Sean Donovan, damage done to the Jersey Shore by Hurricane Sandy

    From left, HUD Secretary Shaun Donovan, damage done to the Jersey Shore by Hurricane Sandy

    In its competition to help rebuild areas hit hardest by Superstorm Sandy and to protect them from future storms, the U.S. Department of Housing and Urban Development has narrowed the finalists down to 10 architectural teams, Crain’s reported. [more]

  • From left: TK and Staten Island Borough President James Molinaro

    From left: Site of the scuttled Staten Island racetrack and Borough President James Molinaro

    A 676-acre parcel of land on Staten Island, once destined to become a racetrack, has sold to Staten Island Marine Development for $80 million, Crain’s reported. [more]

  • Buying a memorable staycation

    July 28, 2013 12:00PM
    South Down Lakes Region, N.H.

    South Down Lakes Region, N.H.

    From Luxury Listings NYC: If you ask Dan Dicarlo where to find value, the 42-year-old retired Wall Street trader will tell you the Sandy-ravaged Jersey Shore. That’s where he found his second home. [more]

  • Christy Romero

    Christy Romero

    A report released by the Treasury Department’s Troubled Asset Relief Program reveals that its mortgage modification program appears to have been helping servicers more than homeowners, the New York Times reported.

    The report, by Christy Romero, the special inspector for TARP, reveals that although more than a third of homeowners who received loan modifications under TARP’s mortgage modification program have since stopped paying, banks and other mortgage servicers kept the money they received for modifying those loans. [more]

  • Guy Geier

    Guy Geier

    The largest construction and architecture firms are seeing healthy growth in their employment figures, suggesting a rebound in building activity, Crain’s reported.

    Full-time employment at the top construction companies was up 1.6 percent in 2012, while the number of architects at the largest firms was up 8 percent from a year earlier. Though the job gains at many architecture firms were less than those seen in the first years of the millennium, there are those who insist that ultimately, that is a good thing. [more]

  • James Lomma with his son, James Jr. (Source: ENR)

    James Lomma, Jr., the 22-year-old son of crane company owner James Lomma, was busted yesterday for heroin possession, the New York Post reported. Lomma, Jr. pleaded guilty to misdemeanor charges of drug possession and awaits a May 7 sentencing.

    The arrest happened on Staten Island, where he was carrying 25 $10 bags of heroin, called “decks,” according to court documents cited by the Post. He also had brass knuckles — weapons used in hand-to-hand fighting — on him. This marks his second drug arrest in six months. [more]

  • Rendering of the Staten Island outlets

    Staten Island has taken the lead in the race for New York City’s first outlet shopping mall. After weeks of talks with the Bloomberg administration, BFC partners announced it officially signed a deal to develop a hotel and outlet mall, Harbor Commons, that will have up to 350,000 square feet of retail and 120,000 square feet for a 200-room hotel in St. George, Staten Island.

    The complex will include a 1,250 parking garage and will be next door to the Richmond County Ballpark, home of the Staten Island Yankees. The first outlet in New York City, Harbor Commons will include roughly 100 designer outlets in addition to restaurants and cafes, BFC Partners said. [more]

  • 36 Hamilton Avenue (credit: PropertyShark)

    A “visibly pregnant” woman who bought a Staten Island co-op at a July auction sued the building’s board for rejecting her application, the New York Post reported. Elena Slukina, who filed the lawsuit, claims that she was rejected because she’s pregnant.

    Slukina, currently a Murray Hill resident, allegedly got heated questions regarding her family planning. According to the lawsuit, co-op Board President Maria Civille, along with other board members, “expressed their concern that a child growing up in the building might affect other tenants’ peace and quiet.” [more]

  • Don Capoccia, managing principal of BFC Partners, and the parking lots where the mall and Ferris wheel are proposed

    BFC Partners is in talks with the Bloomberg administration to build a 500,000-square-foot outlet mall on Staten Island near the ferry terminal, the Wall Street Journal reported. The mall would join a proposed 600-foot Ferris wheel in St. George, on the northern tip of the island, on parking lots flanking the baseball stadium the Staten Island Yankees call home. [more]

  • From left: St. George ferry terminal in Staten Island and a lighthouse

    Proponents of a National Lighthouse Museum, proposed for the St. George ferry terminal on Staten Island, are fundraising with the hope of opening doors in May 2013, the Wall Street Journal reported. For now, the group behind the museum says that it needs to raise $1 million to pilot operations and to cover expenses for the first year. [more]

  • From left: Joshua Zegen, managing member of Madison Realty and 255 Richmond Terrace (credit: NYO)

    Staten Island is slated to get a new 40-unit housing development at 255 Richmond Terrace when the View, a stalled project, opens to tenants this month, DNAinfo reported.

    Developer Leib Puretz was previously behind the project, but left the residential building unit empty after defaulting on his loans in the thick of the mortgage crisis in 2009. As previously reported, the 95 percent-complete building hit the market in February with Massey Knakal. Madison Realty Capital bought it out, paying $8.4 million for the debt, and took over ownership late last month. [more]

  • From left: the exterior of 354 Front Street and construction underway inside (credit: Alexis Herrera)

    Stateboarding aficionados are in luck. The city’s very first indoor skate park, is scheduled to open on Staten Island July 7, DNAinfo reported. Located at 354 Front Street in Stapleton, 5050 Skatepark, will occupy a space that formerly housed a furniture store.

    The 35,000-square-foot property will come replete with rails, ramps and an obstacle course for skateboarders, freestyle bicyclists, rollerbladers and even scooter riders, DNAinfo said. [more]

  • The Staten Island Ferry Terminal and the London Eye

    A plan to boost tourism on Staten Island could result in the world’s largest Ferris Wheel next to the Staten Island Ferry Terminal, the Staten Island Advance reported. The New York City Economic Development Corp. is currently in negotiations with developer Plaza Capital Group Management to build the 600-foot “observation wheel” it proposed last year. The EDC had put out a request for expressions of interest for multiple projects meant to develop 14 acres of city-owned waterfront property in the borough. [more]

  • The law just got a little bit murkier for divorced couples fighting for control of valuable rent-controlled apartments in New York City. Reuters reported that a state appeals court ruled that those properties are not subject to typical marital distribution laws following a divorce. “A leasehold interest in a rental apartment, even one subject to the rent control law, which is not expected to be converted into a form of ownership such as a cooperative, is neither marital nor separate property as defined by the Domestic Relations Law,” Justice John Leventhal wrote in an unanimous opinion released on Wednesday. [more]

  • Screenshot from NY1

    The Esplanade, a new senior-specific housing development that was built at the site of the former Staten Island Hotel, will open for business June 15, NY1 reported. Following an $8 million renovation, the Esplanade now boasts 143 studio, one-bedroom and two-bedroom apartments. [more]

  • Aerial shot of the Arthur Kill Correctional Facility

    New York State’s Empire State Development is looking to redevelop the recently shuttered Arthur Kill Correctional Facility on Staten Island, the Daily News reported.

    As The Real Deal previously reported this past summer, Gov. Andrew Cuomo closed seven prisons across the state, two of which were in New York City, to accommodate his state budget. Arthur Kill, located at 2911 Arthur Kill Road in the Tottenville/Great Kills section of Staten Island, was a medium-security prison that closed in late 2011. [more]

  • Interiors at 155 Bay Street on Staten Island

    A stalled 57-unit condominium project in Staten Island has relaunched under new owner Meadow Partners, Crain’s reported. Meadow Partners, the new owners of the Pointe, at 155 Bay Street, said that sales will officially launch in one week with the Marketing Directors, according to Crain’s. [more]

  • Kreisher Mansion, Massey Knakal's Michael Schneider and the five-acre estate

    A landmarked Staten Island mansion that’s said to be haunted and the five-acre estate that surrounds it are on the market for a combined $11.6 million, the Staten Island Advance reported.

    The Kreisher Mansion, at 4500 Arthur Kill Road in Charleston, was planned to be the cornerstone of a 124-unit, 55-plus community by developer Isaac Yamtovian, an Ohio-based businessman who has built more than 200 houses on the island. [more]

  • Max Gurvitch and his proposed development site (credit: Google Maps)

    A developer’s plan to build 13 single-family homes in the Richmond section of Staten Island is meeting opposition from local residents, politicians and environmental advocates, the Staten Island Advance reported.

    Brooklyn-based developer Max Gurvitch has proposed to build in the Special Natural Area Zoning District that includes valuable freshwater wetlands on a 6.8-acre lot bounded by Richmond and St. Andrew’s roads, Wilder Avenue and Mace Street. Gurvitch’s firm, Island Realty Associates, acknowledges that the site contains freshwater wetlands and areas adjacent to wetlands. [more]

  • New Jersey-based charity Kars 4 Kids lost almost as much money in failed real estate investments in 2010 as it actually spent on programs for children. According to NBC New York, the charity lost $2.5 million investing in an outlet mall project near Outerbridge Crossing on Staten Island and another $2.3 million related to a pair of failed condominiums in Jersey City called View I and View II. An additional $500,000 was lost on a real estate investment in Israel. [more]

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News