Staten Island’s biggest landowner eyeing two Teleport sites

Nicotra Group owns 1M sf of commercial space in the borough

New York /
Apr.April 09, 2015 11:00 AM

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.

The parcels they are looking to pick up next are located on the city’s Teleport campus, which was developed 30 years ago by the Port Authority of New York and New Jersey to host satellite communications, Crain’s reported.

The Nicotras submitted a bid in 2013 when the Economic Development Corporation solicited proposals for redevelopment of all or part of the site, and are now planning to bid on an 18-acre parcel that once housed satellite dishes for Merrill Lynch’s telecom branch. The EDC is expected to solicit proposals soon, and agency officials have said they would like to see the site used for manufacturing. [Crain’s] — Tess Hofmann

 

Related Articles

arrow_forward_ios
Gotham Organization Chairman Joel Picket with the proposed development at 130 Felix Street. (Getty, 130 Felix)
These projects just beat the rezoning deadline
These projects just beat the rezoning deadline
Workers at the location, 526 Gulf Avenue in Staten Island, are being told that they do not have to wear masks in areas not monitored by cameras. (Google Maps, iStock)
“Save us, Jeff Bezos!” Worker says Amazon contractor shuns Covid safety
“Save us, Jeff Bezos!” Worker says Amazon contractor shuns Covid safety
2385 Richmond Avenue in Staten Island (Google Maps)
Bob’s Discount Furniture to open on Staten Island
Bob’s Discount Furniture to open on Staten Island
Dov Hertz and an aerial of 1900 South Avenue in Staten Island (Photos via Adam Pincus; Google Maps)
Dov Hertz picks up Staten Island site for $65M
Dov Hertz picks up Staten Island site for $65M
Richmond County Bank Ballpark (Photo via Google Maps)
Staten Island waterfront redevelopment hits a wall
Staten Island waterfront redevelopment hits a wall
A rendering of the Staten Island Wheel (Rendering via Perkins Eastman)
Developer of the failed New York Wheel sues its contractor … again
Developer of the failed New York Wheel sues its contractor … again
Gov. Andrew Cuomo and City Council member Mark Levine (Getty; City Council)
Parts of Manhattan, Staten Island enter lockdowns, but is it enough?
Parts of Manhattan, Staten Island enter lockdowns, but is it enough?
New York Wheel (S9 Architecture|Perkins Eastman; Pixabay)
Going in circles: Dueling New York Wheel lawsuits emerge
Going in circles: Dueling New York Wheel lawsuits emerge
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...