Stapleton

Housing Lottery Launches for The Pearl at 475 Bay Street in Stapleton, Staten Island

The affordable housing lottery has launched for The Pearl, a 12-story residential building at 475 Bay Street in Stapleton, Staten Island. Designed by GF55 Architects and developed by BFC Partners, the 250,000-square-foot structure will yield 269 units. Available on NYC Housing Connect are 131 units for residents at 80 percent of the area median income (AMI), ranging in eligible income from $64,732 to $140,080.

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Rendering of forthcoming affordable housing property at Stapleton Site A - Courtesy of Secchi Smith

HPD to Construct 360 Affordable Homes in Stapleton, Staten Island

New York City’s Department of Housing Preservation and DevelopmentMonadnock, Sisters of Charity Housing Development Corporation, and The Master Group to construct a new 100 percent affordable housing property in Stapleton, Staten Island. The development will create 360 new affordable homes with more than half designated for the formerly homeless, extremely-low, and very low-income households.

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