The top 10 biggest real estate projects coming to NYC Savo Brothers’ seven-building Staten Island complex topped the list
Clockwise from bottom left: 405 Dumont Avenue, Rendering of Hallets Point complex and Douglas Durst (Studio V Architects and Getty Images) Mount Manresa (google maps) and 145 West 147th Street
A collection of seven sprawling residential buildings at a former Jesuit retreat on Staten Island was the biggest real estate project filed with the city last month.
Staten Island-based developer Savo Brothers filed permit applications to build seven properties on Cupidity Drive, where it is planning to build a 250-townhouse complex. At just over 400,000 square feet apiece, these structures are collectively April’s largest new project, according to The Real Deal’s analysis of Department of Buildings filings.
Five of the top 10 filings last month were for affordable housing projects, and the outer boroughs featured heavily. Just one Manhattan project made the list a 27-story hotel that developer Tribeach Holdings is planning to build in Midtown.
Take a look below for a rundown of the biggest permits filed in April:
1. 76 88 Cupidity Drive
Major Staten Island developer Savo Brothers filed plans for seven buildings, each spanning 403,377 square feet, On Cupidity Street, Staten Island. The plans appear to be part of a 250-townhouse development Savo Brothers is planning at Mount Manresa, a century-old former Jesuit retreat on the island. The firm paid $15 million for the 10-acre site in 2013. Politicians and residents staunchly opposed the plans, and sale was temporarily blocked by a judge.
Staten Island Borough President James Oddo, however, sought his revenge by giving the streets for the development names that are symbolic of greed and deceit. Cupidity, for example, means greed. The Savo brothers said it was vindictive and claimed the names which are Cupidity Drive, Avidity Place and Fourberie Lane were “derogatory. However, a New York State Supreme Court judge ruled in James Oddo s favor, saying he could name the streets whatever he wanted.
Several requests for comment from the Savo Brothers were not returned.
Rendering of Hallets Point (Credit: STUDIO V Architecture)
2. 26-40 and 26-02 1st Street, Queens
Last month, the Durst Organization filed plans for another 652 units across two new buildings at its Halletts Point megadevelopment. One building at 26-02 1st Street would spa上海夜网论坛