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Staten Island

Staten Island
Staten Island, NY
Retail, Residential, Leasing/Rental, Multifamily

Staten Island, with its population of 473,279, is the least populous and most suburban of New York CityÍs five boroughs. The 1964 opening of the Verrazano Bridge, which connected the borough to Brooklyn, drove development of the previously rural area and doubled its population. Its northern edge is dotted with denser, more urban neighborhoods like St. George, Tompkinsville, Clifton, and Stapleton, which are close the terminal for the ferry to Lower Manhattan. The southern end of the island is more leafy. One could mistake its streets, lined with large single-family homes, with yards and pools, for a bedroom community in upstate New York. Staten Island is not connected to the rest of New York City Subway system, except by the ferry, unlike the other four boroughs. The rapid rise of real estate prices has not bypassed Staten Island, which has seen its share of development as a result. In 2011, the city sold seven waterfront acres in the Stapleton neighborhood for $11 million to Ironstate Development. A 900-unit rental complex, plus retail and parking, is scheduled for completion by the end of 2015. The city is also leading the redevelopment of the waterfront around the ferry terminal and the Richmond County Ballpark. In order to attract tourists to the borough, developers are planning to build the biggest Ferris wheel in the world in St. George. -TA

  • Address Staten Island
  • neighborhood Staten Island
  • borough Staten Island
  • Event Sales
  • Address Brooklyn and Staten Island portfolio
  • Neighborhood Midtown
  • Borough Brooklyn
  • Price $ 15,000,000
  • Event Sales
  • Address Staten Island portfolio
  • Neighborhood Midtown
  • Borough Staten Island
  • Price $ 4,550,000
  • Event Sales
  • Address Staten Island portfolio
  • Neighborhood Midtown
  • Borough Staten Island
  • Price $ 7,575,000
  • Event Retail Leasing
  • Address Staten Island Mall
  • Neighborhood New Springville
  • Borough Staten Island
  • Square feet 13,000
  • Publication Date 04/01/2006
  • Event Date 02/15/2006
  • Party 1 General Growth Corporation
  • Party 2 Outback Steakhouse, Carrabba's Italian Grill
  • Party 2 Broker Frank Terzulli, Diana Boutross
notes
The 10-year lease comprises space which will be shared by an Outback Steakhouse and a Carrabba's Italian Grill.

07/27/2018
The borough took up eight of the top 10 spots last month, with the Bronx sneaking in at number nine and Queens at number 10. Staten Island was once again shut out...

05/14/2018
Clockwise from top left: 660 12th Avenue, 4 Times Square and 435 Seventh Avenue April’s top 10 retail leasing deals more than doubled March’s in Clockwise from top left: 660 12th Avenue, 4 Times Square and 435 Seventh Avenue April’s top 10 retail leasing deals more than doubled March’s in...

02/09/2018
Brooklyn’s presence on the list was extremely dominant, nabbing eight of the top 10 spots, while Queens and the Bronx each only had one loan apiece, and Staten Island had zero...

12/29/2017
The firm was hired by Matrix Development Group, which plans to build a 2.3- million-square-foot commercial manufacturing building at 546 Gulf Avenue in Staten Island...

12/29/2017
You should expect to see some giants rising in the outer boroughs over the next few years. A majority of the largest development projects started this year are located in Brooklyn and Queens, according to plans filed with the city's Department of Buildings. The biggest project for which plans were filed with the city this year is an Amazon-anchored warehouse in Staten Island that will span more than 2 million square feet...

06/15/2017
Clockwise from bottom left: Gulf Avenue site on Staten Island, rendering of 351 West 38th Street, 809 Neptune Avenue and a rendering of Cornell Clockwise from bottom left: Gulf Avenue site on Staten Island, rendering of 351 West 38th Street, 809 Neptune Avenue and a rendering of Cornell...

10/31/2016
In addition, the total number of units developers submitted to sell was down for all boroughs except Staten Island...

10/10/2016
From left: Rendering 66 Hudson Boulevard and 200 Amsterdam Place (inset: From left, Bjarke Ingels and Steven Pozycki) Last month, Tishman Speyer filed plans for the From left: Rendering 66 Hudson Boulevard and 200 Amsterdam Place (inset: From left, Bjarke Ingels and Steven Pozycki) Last month, Tishman Speyer filed plans for the...

10/06/2016
Although the number of units of housing in new construction permits has dropped in every borough except Staten Island this year, Brooklyn is experiencing the hardest fall...

03/07/2016
To see more charts on home construction in Staten Island, click here...

02/22/2016
Clockwise from left: 111 Cliffwood Avenue, 200 Parkville Avenue, 154 East 78th Street and 7-65 Caffrey Avenue Architect Sarah Susanka's 1998 book "The Not So Clockwise from left: 111 Cliffwood Avenue, 200 Parkville Avenue, 154 East 78th Street and 7-65 Caffrey Avenue Architect Sarah Susanka's 1998 book "The Not So...

02/19/2016
In January, there were just 87 non-hotel residential projects permitted citywide, with an average project size of just five units. According to the data, 69 of the 87 projects consisted of three or fewer units. Only eight of the approved projects had 10 or more proposed apartments, and just one had more than 100 apartments. That project was Monadnock Construction’s 530 Exterior Street in the Bronx, and it will not qualify for the expired 421a developer tax break. Staten Island had the most issued construction permits, largely for one and two-family homes...

02/01/2016
With the exception of Staten Island, Rosewood also brokered a greater dollar volume of business than any other firm in each of the outer boroughs (see charts)...

01/08/2016
The most active borough for residential plans in December was Brooklyn, where 18 filings totaled 707 units and more than 600,000 square feet. Queens contributed the second most apartments, 618, and 530,000 square feet. Manhattan resi plans were mostly small, but the Salvation Army came in with a late Christmas present on Dec. 30 when it filed to build an 11-story affordable housing tower for seniors at 2306 Third Avenue, with 232 units. Only one Bronx project -- two affordable buildings in Longwood -- was large enough to make our count and, as usual, nothing filed in Staten Island measured more than 10,000 square feet...

01/01/2016
In 1993, developer Irwin Cohen paid $9 a square foot for a rundown complex on that same spot and four years later he debuted the Chelsea Market, a gourmet food and shopping hall. At the time, retail rents at the Chelsea Market were $25 per square foot. Today, they are well over $100 per square foot, according to news reports. And the Chelsea Market has spawned roughly a dozen food halls. These markets bring together a wide variety of trendy specialty foods into one culinary potpourri. Where else can you dine on an Iraqi pita pocket, a $17 lobster roll and Japanese-inspired tacos all in one place? It’s no wonder many more are on the way, including celebrity chef Jean-Georges Vongerichten’s 40,000-square-foot seafood-themed hall planned for the South Street Seaport. Food halls are headed for the outer boroughs, too. The creators of Gansevoort Market, which opened in 2014, will bring one to the Marketplace at Empire Outlets on Staten Island in 2017...

11/01/2015
The sellers â€' Urban American Management and equity partner Fannie Mae â€' bought the portfolio in 2007 for $251 million from the LeFrak Organization. At the time, it consisted of nearly 2,000 units. Today, all of the properties are in Brooklyn with the exception of one Staten Island complex...

09/02/2015
And finally, some TRD readers suggested that we were not trying hard enough to highlight new development in Staten Island...

09/01/2015
The North Shore neighborhoods are more urban, but just a few projects have gone up there in recent years, and those, too, were built by small firms or Staten Island companies, as the major actors in New York City’s development community largely overlooked the city’s smallest and hardest-to-reach borough...

07/07/2015
Meanwhile, as it was revealed that property in Manhattan’s Upper East Side is worth more than all the real estate in the Bronx and on Staten Island combined, at least three of the five qualifying Manhattan filings for the month were Lower Manhattan condo projects, including the 25-story plan for 100 Varick Street, developed by Michael Shvo, Bizzi & Partners, and Halpern Real Estate Ventures, who bought the site with partners for $130 million last January...

06/01/2015
Others include In Good Company, which caters to female entrepreneurs; Emerge212, a subsidiary of mega landlord and investor SL Green Realty; and Launchpads in St. George on Staten Island...

02/02/2015
Finally, in the Bronx (Staten Island was excluded from the ranking because there is not enough brokerage data) Rosewood was the top firm...

03/01/2014
In Brooklyn â€' which according to Massey Knakal saw a total of $3.6 billion in transactions in 2013 â€' just $1.4 billion of the deals involved a broker, or 40 percent, according to TRD’s analysis. In Queens, about 56 percent of the $2.3 billion in deals was done with a broker, and in the Bronx, the number was about 74 percent, the TRD analysis found. The rankings do not include sales in Staten Island, where comprehensive data was not available...

12/01/2013
Click to enlarge Owning a co-op or condominium unit sometimes carries a caveat: You might not be able to sell it. A building sponsor’s refusal Click to enlarge Owning a co-op or condominium unit sometimes carries a caveat: You might not be able to sell it. A building sponsor’s refusal...

11/01/2013
For New York City’s biggest real estate brokerages, competing for residential listings is something of a blood sport. And it’s only grown fiercer in theFor New York City’s biggest real estate brokerages, competing for residential listings is something of a blood sport. And it’s only grown fiercer in the...

08/01/2013
Today, FirstService has 285 Manhattan buildings, up from 200 in 2009, with another 215 buildings in the Bronx, Brooklyn, Queens and Staten Island...

...percent of properties in the Bronx, Queens or Staten Island are protected under landmarks law. View the full report here...