YIMBY has word that The Joe Tirone Team, an affiliated brokerage group under the Compass umbrella, completed the sale of three adjoining lots that were identified as “Projected Development Site 2” in a proposal to City Planning by Madison Realty Capital late last year. That parcel was envisioned to give rise to a 117,848-square-foot, mixed use building. Madison owns, and will develop, “Projected Development Site 1” in their River North proposal, a multi-faceted mixed-use complex under city review that was formerly known as Liberty Towers, in Staten Island‘s St. George neighborhood.
A massive mixed-use housing development may be coming to the St. George neighborhood in Staten Island. The project, which comprises residential and commercial use, affordable housing, open space, and accessory parking, will have two sites: 170-208 Richmond Terrace and 8-26 Stuyvesant Place. Developer Madison Realty Capital under the Richmond SI Owner LLC is seeking approval for zoning map amendments, zoning text amendments, and special permits in order to begin work on the four-building, 911,752-square-foot complex near the St. George waterfront and the Staten Island Ferry Terminal. The site includes 224 Richmond Terrace, a 60,000-square-foot, 40-unit condominium property that Madison Realty Capital acquired in 2012.