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.
Permits have been filed for the construction of four buildings at 61, 63, 65, and 67 Thompson Street in Stapleton, Staten Island. The site is four blocks away from the Stapleton subway station, serviced by the Staten Island Railway. Eric Schwimmer is listed as behind the applications.
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.
Staten Island has long been the city’s slowest-growing borough, but the administration of Mayor Bill de Blasio is pushing it to develop more housing. Last Wednesday, the Department of City Planning organized a public forum on the mayor’s plan to rezone Bay Street, an industrial swath of Staten Island’s north shore, in order to encourage new apartments and retail.
