NEW YORK | Staten Island North Shore Development | FT | FLOORS

[Busy Bee]

^ That new build on the left replaced a very charming and handsome row of commercial storefronts. Not sure what they were thinking.

[mrnyc]

Originally Posted by Busy Bee

^ That new build on the left replaced a very charming and handsome row of commercial storefronts. Not sure what they were thinking.

yeah it was a couple old clubs including the now gutted out paramount across the street with the deco front. there were a few famous rock shows there back in the days like metallica’s first show.

it was replaced by an apt building for low income old folks. for the rest of us there is a useful family dollar retail there.

[Busy Bee]

It looks like all new developments on the south/east side of the street have the lot line streetwall moved back to eventually allow the widening of Bay St.

[NYguy]

This looks nice, parking be damned...

[mrnyc]

Originally Posted by Busy Bee

It looks like all new developments on the south/east side of the street have the lot line streetwall moved back to eventually allow the widening of Bay St.

yes i notice that. not sure why. i am hoping or dreaming really its to make room to eventually run a streetcar down the middle of bay street/richmond terrace from bridge to bridge someday.

[mrnyc]

i found out there is movement on this empty plot —

its just off bay st near victory bld and close to the boat —


This development site is located at 118 Central Avenue in St George, Staten Island. The property comprises 101,938 buildable square feet and was sold for $11,100,000, equating to a price per square foot of $109. The sale was finalized on November 19, 2025.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $11,100,000
Buyer: Guy Pennisi
Seller: Leser Group
Market: St George, Staten Island
Square Footage: 101,938
Price per Square Foot: $109

Guy Pennisi, through FTK Group Holdings LLC, acquired the development parcel from Leser Group, marking a significant transaction in the Staten Island market. The closing date for this deal was November 19, 2025.


$11,100,000/New York/Development Site/101,938 SF
Sold 5 months ago

edit — miight be just be locals flipping property here
i dk, but at least movement is good thing —

FTK GROUP HOLDINGS LLC was established on Oct 27 2025 as a domestic limited liability company type registered at 14 Foster Road Staten Island, The county for this new york, united states company is Richmond. and the current entity status is Active.

Ftk Group Holdings Llc has been operating for 5 months, and 30 days.

[Crawford]

Wow, those Richmond Terrace buildings look great. What a difference.

That whole area has great bones.

[mrnyc]

more news today --



Long-vacant waterfront building rich in Staten Island history to be converted to residential apartments

Published: Apr. 26, 2026
By Tom Wrobleski | [email protected]


Plans are moving forward to convert a long-vacant waterfront property rich in Staten Island history into a residential building with 110 market-rate units.

The building at 191 Edgewater St. in Rosebank, known to some as “the Wrigley building,” was the spot where a key ingredient for popular flavors of Wrigley’s chewing gum was made for decades in the last century.


more:
https://www.silive.com/news/2026/04/long...converted-to-residential-apartments.html


Image provided by Rampulla Associates Architects shows 110-unit residential building planned for site of long-vacant Wrigley chewing gum factory at 191 Edgewater St. in Rosebank.Image courtesy of Rampulla Associates Architects

[mrnyc]

waterfront bulkhead rebuild underway at the former ny wheel site —
as waterfront esplanade work moves west of the ferry station —




Staten Island Waterfront Project Advances as North Shore Esplanade Construction Begins

May 7, 2026
Construction Owners Editorial Team


STATEN ISLAND, N.Y. — Construction has officially begun on a key phase of the North Shore waterfront redevelopment, as the New York Economic Development Corporation launches structural work at the former New York Wheel site in St. George.

…
Part of Broader $400M North Shore Redevelopment Plan

The esplanade is one component of the city’s broader North Shore Action Plan, a $400 million public investment initiative aimed at revitalizing a two-mile stretch of Staten Island’s waterfront.

Local officials say the plan is expected to deliver 2,400 new housing units, more than 20 acres of public space and over 7,500 jobs, generating an estimated $3.8 billion in economic impact over the next 30 years.

“For more than a decade, the public has not had access to the waterfront,” said Councilmember Kamillah Hanks. “This used to be active space. You were able to bike; you were able to walk. Seeing this progression here means we are that much closer to restoring accessibility to the public.”


more:
https://www.constructionowners.com/news/...orth-shore-esplanade-construction-begins

[mrnyc]

Take an eerie look inside long-vacant, historic Staten Island building before it’s renovated

Updated: May. 30, 2026
By Tom Wrobleski | [email protected]


Plans are moving ahead to convert the fabled and long-vacant Wrigley building into a high-rise with 110 residential units.

The building at 191 Edgewater St. in Rosebank is rich in history as the spot where a key ingredient for popular flavors of Wrigley’s chewing gum was made for decades in the last century.

But before the building is totally reconfigured, the Advance/SILive.com was able to take an unsanctioned peek inside the property.

The Wrigley site contains the original four-story factory building, constructed in 1917, and a seven-story addition that was built in 1926, Land Use Planner Philip Rampulla, of Rampulla Associates Architects, New Dorp, told the Advance.


more:
https://www.silive.com/news/2026/05/take...baXwwqfNvGaag_aem_t0cNOr0dF8H89AHojX9RWA


Photos show the eerie interior of the old Wrigley chewing gum factory building in Rosebank.Tom Wrobleski | Staten Island Advance

[NYguy]

^ They should open that up as a haunted house before takedown.