The Real Deal New York

Senior housing complex opening at former Staten Island Hotel

May 24, 2012 02:00PM

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.

Studios start at $3,000 per month and 12 units have already been rented out. Some of the units have balconies and all have kitchenettes and new bathrooms. Total square footage was not listed.┬áResidents get three meals a day, housekeeping, a gym, a beauty parlor, a doctor’s office and other amenities.

As previously reported, the hotelier behind the Staten Island Hotel, SI Hotel Holding, filed for Chapter 11 bankruptcy to prevent the foreclosure sale of the 187-room hotel. It was one of several SI Hotel Holding properties that were in foreclosure. NY1 said the hotel was set to become a Crowne Plaza, but the deal fell through. [NY1]