Revealed: 533 Bay Street Senior Housing

533 Bay Street533 Bay Street, image from Arker/Aufgang

Permits were recently filed for a 67-unit apartment building at 533 Bay Street in Stapleton, on Staten Island. Today, we’ve got a rendering, courtesy of  Arker Companies, which is developing; Aufgang is the architect. As noted previously, the apartments will span nearly 60,000 square feet .

The project will consist of below-market units rented to seniors, and was made possible by a nearly $1.6 million grant announced in April by Governor Andrew Cuomo, as part of a broader $95 million initiative. As the Staten Island Advance reported then:

The funds are available through the New York State Homes & Community Renewal (HCR)’s Unified Funding Application, a single-source process to apply for several funding streams for affordable, multifamily developments. In total, during the Unified Funding process, HCR is making awards to 37 separate projects in each of the state’s ten economic development regions.

The site sits on one of just a handful of blocks on the entire island where zoning allows true multifamily development, making it an exceedingly rare new apartment building in New York City’s most suburban borough.

If Assemblyman Matthew Titone is, as he claims to the Advance, “a staunch advocate for addressing the need for more affordable housing on the North Shore,” he and Councilwoman Deborah Rose will need to ask the Department of City Planning to zone for more multifamily development. Affordable housing, after all, cannot be built in any appreciable quantity in the very low density R3 zones that blanket even the island’s most transit-accessible neighborhoods.

533 Bay Street

533 Bay Street pre-demolition, image via Google Maps

While no completion date for 533 Bay Street has been announced, construction is likely imminent, and demolition of existing structures was approved last August..

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TFC Horizon

7 Comments on "Revealed: 533 Bay Street Senior Housing"

  1. Melissa Alvarez | July 28, 2016 at 2:19 pm |

    When will the applications be available for rental?

  2. Melissa I call them 2 times and they said now yet.

  3. Can you provide me with the name of the management and telephone number? I would like a time line of when the applications will be ready. Thank you in advance.

  4. Gwendolyn Veney | October 6, 2016 at 9:45 am |

    I am a senior seeking Senior Housing. When will I be able to fill out an application for 533 Bay street, Staten Island

  5. Mr. & Mrs Jose & Maria Morales | November 29, 2016 at 12:12 am |

    To whom it may concern,
    Please notify me when I can apply/submit an application for an apartment at 533 Bay Street Senior Housing.
    Your assistance in this matter is greatly appreciated.

  6. I am a senior seeking Senior Housing. When will I be able to fill out an application for 533 Bay street, Staten Island. please advise. thanks.

Comments are closed.