The Real Deal New York

Posts Tagged ‘Staten Island’

  • New York Wheel

    Rendering of the New York Wheel on Staten Island

    The New York Wheel on Staten Island is on the verge of getting its second zoning approval in two years after a unanimous “yes” vote by the City Council’s land use committee Thursday. [more]

  • Staten Island’s most active developers

    September 15, 2015 10:15AM
    From left: Arker Companies 67-unit housing project for seniors at 533 Bay Street and Ironstate's David Barry

    From left: Arker Companies’ 67-unit housing project for seniors at 533 Bay Street and Ironstate’s David Barry

    From the September issue: For decades, Staten Island development was a largely local affair.

    While the borough’s population has exploded in the 50-plus years since the Verrazano-Narrows Bridge opened and connected the island to Brooklyn, most of the building has been done by small community-based developers. And those developers have mainly built suburban-style, single-family homes, especially in the southern two-thirds of the island. [more]

  • Lighthouse Goldman

    From left: Elysa Goldman and a rendering of Lighthouse Point (Credit: Triangle Equities)

    Triangle Equities filed permits for its long-stalled Lighthouse Point project on Staten Island on Friday.

    The developer is looking to build a 16-story, 145,000-square-foot, mixed-use tower at 35A Bay Street in the St. George neighborhood. It will feature 116 apartments and 47,207 square feet of commercial space, including three stories of retail. Aptsandlofts will be marketing the market-rate units. [more]

  • Q&A-TRD-August-2015

    From left: Elysa Goldman, James Prendamano and Joseph Ferrara

    From the August issue: The idea that Staten Island’s North Shore will be the city’s next hot market may invoke a few chuckles, given the borough’s backwater reputation. But there’s no doubt that change is coming to the waterfront communities on the island’s North Shore.

    Four major projects are underway: the New York Wheel, Empire Outlets and Lighthouse Point on either side of the Staten Island Ferry Terminal in St. George, and the apartment complex URL Staten Island, a mile away at the long-fallow former Navy home port in Stapleton. [more]

  • brewery

    Development site on Staten Island’s western shore (credit: Langan)

    The owner of the city’s largest privately-held industrial site, where Brooklyn Brewery will build a new headquarters on Staten Island, is planning to add 3 million square feet of warehouse space to the project on the borough’s western shore. [more]

  • Rent change 2002-2014 (credit: Community Service Society of New York)

    Rent change 2002-2014 (credit: Community Service Society of New York)

    Between 2002 and 2014, New York City rents saw meteoric increases in many neighborhoods, topping 45 percent in northern Brooklyn and northern Manhattan. But amidst the overall trend toward gentrification, three neighborhoods actually saw rents drop over those 12 years. [more]

  • From left: One Edgewater

    From left: One Edgewater Plaza in Staten Island and a rendering of the Staten Island Ferris Wheel

    Developer Steven Wu has bought a 268,000-square-foot office building on Staten Island for a record-breaking $21.5 million. [more]

  • Richard and Lois Nicotra

    Richard and Lois Nicotra

    Staten Island’s biggest landowner, the Nicotra Group, owns 1 million square feet of commercial space in the borough and is angling to pick up two more city-owned sites on the 100-acre Teleport campus.

    Richard and Lois Nicotra started their empire in the late 80s by building a 40,000-square-foot Class A office building to house the headquarters of their yogurt chain Everything Yogurt. They now have 500 employees and own seven commercial buildings, all in their Corporate Park of Staten Island. [more]

  • Rendering of Lighthouse Point on Staten Island (credit: Triangle Equities)

    Rendering of Lighthouse Point on Staten Island (credit: Triangle Equities)

    Lester Petracca’s Triangle Equities will kick off construction on the long-stalled Lighthouse Point waterfront project on Staten Island’s North Shore this summer. The $200 million development is the largest new project in the area since Superstorm Sandy hit in 2012, and will include a 120-unit residential tower, more than 60,000 square feet of retail space and a 160-room hotel. At least 20 of the residential units will be affordable. [more]

  • C-1

    2475 Richmond Road

    A historic, and possibly haunted, mansion has hit the market on Staten Island. [more]

    1 Comment
  • trantor-place-si

    From left: Trantor Place on Staten Island and Victor Sozio

    Parkway Realty Group acquired a 16-building portfolio on Staten Island’s North Shore for $17.9 million, The Real Deal has learned. [more]

    1 Comment
  • princes-point-1

    From left: Jason Muss, Prince’s Point site on Staten Island and HFF’s Rob Hinckley

    UPDATED, 2:08 p.m., Jan. 13: Muss Development is putting a long-vacant, 22-acre residential development site on the South Shore of Staten Island on the market, The Real Deal has learned. [more]

    1 Comment
  • From left: Donald Cappoccia and Arlington Terrace on Staten Island

    From left: Donald Capoccia and Arlington Terrace on Staten Island

    BFC Partners is buying a 536-unit property on Staten Island for $75 million. As part of the deal, the developer will rehabilitate and preserve the Mitchell Lama complex as affordable apartments. [more]

  • bfc-partners

    Donald Capoccia and 275 Bay Street on Staten Island

    Developer BFC Partners filed permits yesterday for a large residential building in the borough’s Stapleton neighborhood.

    Plans call for an eight-story, 214-unit building at 475 Bay Street. Edelman Sultan Knox Wood Architects was hired to design the structure, which will span 162,000 square feet and rise 70 feet. Nearly 9,000 square feet of retail space is slated for the property. Each floor will hold about 30 apartments averaging 750 square feet. [more]

  • A historic Staten Island warehouse is set to become a tech incubator space.

    Investor John Salis bought the long-vacant warehouse at 75 Clinton Street and is transforming it into a space for tech startups and entrepreneurs, according to DNAinfo. The space is expected to open at the end of 2014. [more]

  • colony

    Map of proposed New York City Farm Colony redevelopment on Staten Island

    The Landmarks Preservation Commission is expected to approve the redevelopment of the New York City Farm Colony, a 70-acre campus of abandoned buildings on Staten Island, into a 350-unit complex for senior citizens. [more]

  • seaview

    From left: Staten Island Health & Wellness Campus map, James Oddo and Seaview Hospital on Staten Island

    The city is in talks to build a health and wellness complex on the nearly 100-acre site of former tuberculosis treatment center Seaview Hospital on Staten Island. [more]

  • From left: James Oddo and Sandy damage in Staten Island

    From left: James Oddo and Sandy damage in Staten Island

    A portion of South Beach in Staten Island could be transformed by a plan to rebuild homes damaged during Superstorm Sandy on a common elevated platform.

    The South Beach Civic Association has proposed replacing vulnerable bungalows and two-story houses in Sunnymeade Village with about 50 elevated homes, the Wall Street Journal reported. The plan has the backing of borough president James Oddo, who has advocated for elevated housing in other low-lying areas including Midland Beach and Ocean Breeze, according to the newspaper. [more]

  • A home being razed on Fox Beach on Staten Island

    A home being razed on Fox Beach on Staten Island

    Following Hurricane Sandy, the community of Fox Beach on Staten Island was deemed too dangerous and too expensive because of the rising cost of flood insurance. Now that neighborhood is being raised, and locals bought out. But some are still fighting to save their homes.

    “I don’t know if they are offering me enough money, where I could buy something else for us. The guy down there moved into a studio. I don’t want to do that once I’ve owned a house,” Franca Costa told NPR. Costa is now one of only a handful of holdouts left. [more]

  • new-dorp

    New Dorp on Staten Island after Hurricane Sandy

    Staten Island has received $33 million in federal funding to buy 23 acres of land in an effort to reduce flood damage to homes in the borough.

    The funds from the U.S. Department of Agriculture will go to the city Department of Environmental Protection. Mayor Bill de Blasio and Senator Charles Schumer announced yesterday that the city also received $23 million to acquire flood plain easements in New Dorp and Midland Beach in Staten Island. [more]