The Real Deal New York

Savo Brothers file plans for townhouse project on “greedy” Staten Island street

Official renamed the streets after the developers' perceived deception
August 17, 2016 10:31AM

Mount Manresa on Staten Island before demolition (inset: James Oddo)

Mount Manresa on Staten Island before demolition (inset: James Oddo)

In New York, where addresses are the ultimate status symbol, a street name that means greed may be a little too straightforward.

The Savo Brothers filed plans for a 403,377-square-foot townhouse project on the site of the former Mount Manresa Jesuit Retreat, New York Yimby reported. The project is on Cupidity Drive, Avidita Place and Fouberie Lane — synonyms for greed and deception. Staten Island Borough President James Oddo renamed the thoroughfares in the wake of controversy over the Savo Brothers’ project as a not-so-subtle jab at the developers.

A State Supreme Court judge in February ordered that the names could stick, but the developers appealed that decision in April. It’s Not Clear If The Permit Applications Will Impact Their Case For Changing The Street names.

The Savo Brothers bought the 15.4-acre site in 2013 for $15 million. The developer started tearing down the 103-year-old retreat house in 2015 to make way for 250 residential units. So far, the developers have filed plans for 25 homes at 92-120 Cupidity Drive and 201-225 Avidita Place. [Yimby]  — Kathryn Brenzel