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]
Posts Tagged ‘James Molinaro’
City officials will break ground today on a $150 million project to redevelop a former naval base in Staten Island, Crain’s reported. New Jersey-based Ironstate Development will build the mixed-use project, which will consist of 900 market-rate apartments, 30,000 square feet of ground-floor retail space and 600 parking spaces. [more]
Ironstate Development President David Barry and a rendering of the Homeport developmentThe city has sold the Staten Island development site that formerly housed a U.S. Naval Base to Ironstate Development for $11 million, the city’s Economic Development Corporation announced today.
New Jersey-based Ironstate will build a $150 million complex on the 7-acre waterfront site known as Homeport, in the Stapelton section of the borough. It will include 900 residential rental units, 30,000 square feet of retail, 600 parking spaces and a public plaza.
The city will also invest $32 million for infrastructure improvements to create a new waterfront esplanade in Homeport and Staten Island Borough President James Molinaro has set aside $1 million for improvements on the Staten Island Rail Road’s Stapleton station. – Adam Fusfeld … [more]
The city is issuing a request for expressions of interest, or RFEI, as
it seeks to redevelop two parcels of land on Staten Island’s St.
George waterfront, according to a statement released by the city
The two sites, located close to the St. George Ferry Terminal, are
currently used as parking for the Richmond County Bank Ballpark and
the St. George Ferry Terminal. Combined, the two sites will provide
more than 14 acres of waterfront development, with the site
to the north of the ballpark totaling approximately 7.4 acres and the
site to the south approximately 6.7 acres. — Miranda Neubauer … [more]