Staten Island


1 Nassau Place

Developer Plans Mixed-Use Residential Complex At 1 Nassau Place, Tottenville

Midtown-based Bridgewater Capital has acquired the vacant 38.8-acre swath of land at 1 Nassau Place, on Staten Island’s South Shore neighborhood of Tottenville, for $30 million. According to The Real Deal, the developer plans to rezone the property, likely through the Urban Land Use Review Procedure (ULURP), to build a multi-building residential complex with roughly 220,000 square feet of big-box retail space. Under current zoning, the property could accommodate 3.5 million square feet of industrial or commercial space (in the form of office and retail). Bridgewater hopes to have a partner in the residential component, which would include senior units, and is currently negotiating with New Hyde Park-based Kimco Realty to partner in the retail portion. The site is located directly north of the Nassau station on the Staten Island Railway.


Five of the sites prioritized for designation by the Landmarks Preservation Commission.

Landmarks Prioritizes 30 Backlog Sites for Designation, Permanently Removes Five

As we have reported, the Landmarks Preservation Commission is in the process of dealing with the backlog of 95 items that have been on its calendar since before 2010, some for decades. That process took a big step forward Tuesday, with 30 sites remaining on the calendar as priorities for designation vote by the end of 2016. Five sites were removed from the calendar for lack of merit.

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Lighthouse Point, rendering via Triangle Equities

Developers Land Financing, Tenant For Lighthouse Point’s First Phase In St. George, Staten Island

In the summer of 2015, YIMBY brought you new renderings of the Lighthouse Point mixed-use development, in St. George, located immeadiately south of the St. George Terminal on Staten Island. Construction kicked off on the project’s first phase later that year – a 12-story, 116-unit mixed-use building that fronts Bay Street. Its developers – Triangle Equities and Lubert-Adler – have now secured a total $81.7 million in financing from multiple sources. In addition, Commercial Observer reports Regus signed a lease to take 30,000 square feet of the mixed-use building’s 65,000 square feet of commercial space. The remaining 35,000 square feet could be leased as office or retail space, and construction on the first phase is expected to wrap up in 2017. The rest of the project includes repurposing four historic structures and other artifacts, and building a 12-story, 175-key hotel with 15,000 square feet of event space and an additional 23,000 square feet of multi-use commercial space. Garrison Architects is designing.


22 Norman Place

Four Three-Story, Two-Unit Residential Buildings Coming To 22 Norman Place, Prince’s Bay, Staten Island

Staten Island-based Keegans Construction Corp. has filed applications for four three-story, two-family residential buildings at 12-24 Norman Place, in Prince’s Bay, located on the south shore. Two of the buildings will individually measure 3,568 square feet in total and the other two will each measure a slightly less 3,443 square feet. The residential square-footage across the entire development will total 10,594 square feet, which means units will average 1,324 square feet apiece. The units will likely be geared for families and, therefore, would contain multiple bedrooms. Staten Island-based Calvanico Associates is the architect of record. The 160-foot-wide lot is currently occupied by a single-story home.


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