BFC Partners closes on Staten Island dev site

Almost two years after filing plans for a mixed-use project in Staten Island’s Stapleton neighborhood, BFC Partners has closed on the development site. BFC announced last week it closed on the site at 475 Bay Street, the Commercial Observer reported. The developer received a $99.8 million mortgage from the New York State Housing Finance Agency, which will go toward the project’s projected development cost of $151 million. Plans for a project from the Empire Outlets

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Unforgotten: Pete Davidson’s love letter to Staten Island

 Considering a move to Staten Island? Well, if you like bagels, pizza, cops and pills, it just might be the place for you. That’s (part of) the message Saturday Night Live’s Pete Davidson has in his love letter to his home borough, riffing on the 1991 Marc Cohn classic “Walking in Memphis” and aptly named “Walking in Staten,” which premiered on the sketch-comedy show last night. Joining Davidson — one of two Island natives on

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Madison Realty’s altered plans for SI complex approved

Madison Realty Capital’s project on the St. George waterfront in Staten Island is floating towards fruition. The City Council’s land use committee approved the development on Thursday after the proposed complex cut tower heights and unit counts. The approval, first reported by SI Advance, came one day after the City Council’s zoning committee also approved the revised plan. From here, the proposal returns to the City Planning Commission, which approved the previous plan last month.

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City approves 360-unit affordable housing project on Staten Island

A 360-unit affordable housing complex is coming to Staten Island’s North Shore, the city’s Department of Housing Preservation and Development announced Wednesday. Monadnock Development, the nonprofit Sisters of Charity Housing Development Corporation and The Master Group submitted the winning proposal for the city-owned site, a vacant lot south of Hannah Street on part of a 35-acre decommissioned U.S. Navy base in the borough’s Stapleton neighborhood. Bernheimer Architects and Starr Whitehouse will serve as the architects

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Tallest project in Staten Island history OK’d by Planning Commission

A controversial development along the St. George waterfront in Staten Island has progressed to the decisive stage after approval from the City Planning Commission. On Wednesday, the commission approved zoning changes that allow for the construction of River North, whose three buildings would include the two tallest in Staten Island history. Eight commissioners approved the zoning changes, while two voted against them, one abstained and one was absent, according to the Staten Island Advance. River

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I-Sales: Ghost theater trades in Staten Island

The investment sales market took a summer vacation last week. Just two deals in the $10 million to $30 million range were recorded: one in Manhattan and one in Staten Island, an infrequent i-sales destination. The winding history of Staten Island’s Paramount Theater took another turn last week as an owner who tried to rehabilitate the space a decade ago transferred ownership to another company that owns property on the island, at 45 Beach Street.

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“Forgotten borough” no more: Staten Island homes are pricier than ever

Homes in Staten Island continue to command record sums. After reaching an all-time high of $610,000 in May, the median monthly sales price in the borough remained above $600,000 for the second consecutive month in June — a 2.3 percent increase over June 2020, the previous record high, and a nearly 10 percent jump from the same month in 2019, according to data from the National Association of Realtors. Although the median sales price is

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These projects just beat the rezoning deadline

Some very large new development projects will hear a “yay” or “nay” from City Council members shortly before term limits usher most of them — and the mayor — out of office. That is good news for the developers, who would rather not leave their projects’ fate to yet-unknown officials. To ensure that, they needed the Department of City Planning to certify their rezoning applications by the end of May, triggering the seven-month public review.

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“Save us, Jeff Bezos!” Worker says Amazon contractor shuns Covid safety

Covid-19 protocols are being willfully ignored at an Amazon warehouse construction site, an electrician alleged in a Department of Buildings complaint filed Tuesday. Workers at the location, 526 Gulf Avenue, are being told that they do not have to wear masks in areas not monitored by Amazon’s cameras, the site is not being disinfected and Covid-19 screenings are being forged, alleges the complaint, which was filed by an employee for Arcadia Electric working under Krusinski

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Bob’s Discount Furniture to open on Staten Island

Bob’s Discount Furniture is coming to Staten Island. A 10,000-square-foot store at 2385 Richmond Avenue will be the retailer’s first “innovative experience center,” which will allow customers to digitally explore furniture styles. It will be the 140th Bob’s Discount Furniture store in the U.S., 16th in New York state and first on Staten Island. The retailer signed a 10-year lease at the location. Terms were not disclosed. Peter Ripka of RIPCO Real Estate represented Bob’s

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