A rare waterfront development site recently entered the market in the Stapleton section of Staten Island. The site comprises a 72,000-square-foot lot at 385 Bay Street and an 88,265-square-foot lot at 425 Bay Street. The entire site spans 3.67 acres and is zoned for both residential and commercial use.
The city’s Department of Housing Preservation and Development has released a request for affordable housing proposals for the north shore of Staten Island. The RFP would use 108,000 square feet of land owned by the city for a mixed-use development with 100 percent affordable housing and community amenities and services.
Renderings have been revealed for 475 Bay Street, a new two-phase residential development in Staten Island. Designed by GF55 Partners‘ New York design studio, the project is located in the island’s Stapleton Heights neighborhood just a couple blocks from the Upper Bay waterfront. BFC Partners, the developers of Empire Outlets, is also the entity responsible for 475 Bay Street.
Staten Island-based Argentum Partners has filed applications for a five-story, nine-unit mixed-use building at 33 Water Street, in Stapleton, located along Staten Island’s North Shore. The project will measure 11,000 square feet and and feature 3,070 square feet of ground-floor retail space. Its nine apartments will be located across the second through fifth floors, averaging 883 square feet apiece. Staten Island-based thinkDESIGN Architecture is the architect of record. The 50-foot-wide, 3,131-square-foot property is occupied by a dilapidated two-story building. Demolition permits were filed in February of last year.
BFC Partners is in contract to purchase the 53,922-square-foot vacant lot at 475 Bay Street, in Stapleton, for $4 million, Commercial Observer reported. That’s on Staten Island’s North Shore. As YIMBY reported in 2014, the developer is planning to build an eight-story, 214-unit mixed-use building at the site. Buildings applications call for a project of 183,000 square feet, where 12,500 square feet would be for ground-floor retail space. The apartments, averaging 750 square feet apiece, would be rentals ranging from studios to three-bedrooms. Many of the them would also rent at below-market rates. An exact figure wasn’t given for how many, but BFC would be required to designate 25 percent of the units to affordable housing. The site is located on the southern end of a potentially rezoned 14-block corridor of Bay Street. In fact, the project relies on the rezoning to move forward. Pending the rezoning, BFC hopes to break ground in 2017. Edelman Sultan Knox Wood Architects is the architect of record. The neighborhood’s Staten Island Railway station is three blocks to the south.