Investors Love Staten Island Real Estate, High-Rise Coming To St.George!

If there is anything I enjoy writing about it is all of the recent developments taking place on Staten Island’s North Shore. Investors love Staten Island real estate and see the fantastic potential in St. George! You can read more about recent developments, here, and in case you missed the “St. George Renaissance” video I created back in 2013, definitely check that out, here! I have always said that the St. George neighborhood of Staten Island is poised to be the next “it” neighborhood of New York City. In fact, it did win the Curbed Cup New York City Neighborhood of the Year trophy in 2013.

Offering the best of city life in an otherwise suburban borough, St. George will soon have another feature drawing more and more interest to the neighborhood: a new high-rise soon to be built. Quite possibly the tallest building on Staten Island, and located at 315-325 St.Mark’s Place. My photos show you what this area looks like now.
This prime real estate property just sold for 9.5 million and is located next to the spectacular St.George Theatre. The building will supposedly be the tallest on Staten Island, reaching over 15 stories high. The lot, which is currently being used as a parking area, was purchased by international investors who plan to make this a high-end residential building that will provide stunning 360-degree panoramic views of Manhattan, Brooklyn and the New York Harbor. Above the third story, there will be unobstructed views of the New York City, something you’d be hard-pressed to find anywhere else.

Manhattan Sophistication comes to Staten Island’s St. George

I’ve always enjoyed St. George everything from the remarkable variety of housing types to the steep hills and stunning views. There is history, culture, entertainment and, when it comes right down to it, down-to-earth people who take pride in their community. Recently, it’s as if a spotlight has been placed on Staten Island and now suddenly the rest of the city, if not the world is finally seeing what Staten Islanders have known all along… potential.

St. George Renaissance In Staten Island Is Now!

It is estimated that the high-rise may have anywhere from 140-180 residential units with lower level commercial operations and parking. Regardless of what it may provide St. George, there is no doubt that this high-rise is in good company.

Right around the corner is the historic St. George Theatre, closed for nearly 30 years but reopened in 2004, bringing a part of St. George back to life. The downtown hub. Hyatt Street includes a variety of eclectic restaurants, cafes and small businesses. Down by the water, the Postcards Memorial along the St. George Esplanade and the National Lighthouse Museum offers a glimpse into Staten Island’s history. And not too far down the street is the recently-opened Flagship Brewing Company, which provides a glimpse into the exciting future of Staten Island’s North Shore.

Although I am excited about this development, and the many other developments taking place along Staten Island’s North Shore, I am even more excited for those fortunate enough to take advantage of what St. George has to offer them. Real estate buyers and investors looking at places like the Accolades, the URL building and this new high-rise will not regret investing in St. George. I have always said that Staten Island has so much to offer, and at a fraction of the expense you’ll pay in the other boroughs. Why not take a look yourself?

More about Holly Wiesner Olivieri, North Shore Staten Island Real Estate Expert

As an experienced Licensed Associate Broker and native Staten Islander, there is no better choice when looking for a Staten Island real estate resource. Don’t hesitate to contact me on Facebook or Twitter, and be sure to visit my about page. I can also be reached by email Holly [at] WiesnerOlivieri [dot] com . Find out why my clients keep recommending me as the Realtor of choice for Staten Island real estate.

I look forward to meeting up with you soon!

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The opinions expressed on this blog are my own personal opinions. They do not reflect the opinions of the real estate company. 

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