Coming (finally) to Staten Island’s St. George community – a supermarket

via SILive.com

Fine Fare Marketplace, full-service supermarket, will open this spring at The Pointe, a condo building at 155 Bay St., St. George.

STATEN ISLAND, N.Y. — A full-service supermarket is set to open its doors this spring in St. George, answering a call from area residents who say they are short on grocery options.

Fine Fare Marketplace – which has 60 locations throughout the tri-state area — will occupy more than 10,000 square feet on the ground level of The Pointe, a condominium on the corner of Bay Street and Victory Boulevard.

“Why are we so giddy about a supermarket?” asked Theo Dorian, president of the St. George Civic Association. “Because we’ve been underserved in this area for so long, the opening of a supermarket is actually big news.”

It was both the need and the strategic location which lured in store owner Mofeed Said, who noted the ongoing redevelopment of the homeport and the proposal for the New York Wheel and accompanying outlet mall.

“The last couple of years, there’s been a lot of redevelopment and revitalization,” said Said, a 23-year-old Dongan Hills resident whose family owns five supermarkets in Brooklyn and the Bronx.

“A lot of people are passing through.”

In addition to traditional supermarket offerings, like baked goods, fresh seafood and a butcher, there will also be free valet parking and a lot with 38 spaces.

Said expects to open in late March or early April.

“We want to make it as nice as we can for our customers,” he said.

The Pointe was one of the failed trophy projects of high-profile developer Leib Puretz.

It was given new life in October when Meadow Partners, a real estate investment and asset manager, received a $24 million loan to refinance and complete the building. More than half the condos have sold since Meadow Partners put them on the market in March.

And negotiations are ongoing to fill the two remaining retail spaces, one 4,900 square-feet and another 4,000 square-feet.

“We’re talking to everyone from trade schools to service-related retail,” said leasing agent James Prendamano of Casandra Properties. “People in the neighborhood are excited.”

The Pointe weathers hurricane Sandy

via Staten Island Advance

While Hurricane Sandy battered much of Staten Island’s coastline, The Pointe condominium on the north shore waterfront in St. George fared exceptionally well, much to the delight of its residents.

Power was restored in less than 24 hours and no damage was sustained to the new 57-home condominium building, which is located at 155 Bay St., just steps from the Staten Island Ferry Terminal.

“The systems performed as planned and the building was virtually unaffected,” notes Jacqueline Urgo, president of The Marketing Directors, Inc., The Pointe’s exclusive marketing and sales agent. “One homeowner sent ownership an email praising the building’s quality construction and commenting on how happy she was that they fared so well during the storm.”

Brought to market earlier this year by real estate investment firm, Meadow Partners, The Pointe is a modern, six-story building featuring a variety of one- and two-bedroom homes ranging in size from 962 to 1,255 square feet of living space. More than 50 percent of The Pointe’s 57 residences have already been sold, with closings underway.

Attractively priced from the $300,000s and available for immediate occupancy, the residences are equipped with top-of-the-line stainless steel Kitchen appliances; sumptuous baths featuring high-end stone and ceramic tile; a full-size washer and dryer; abundant closet space. Hardwood floors are complemented by an exceptional palette of interior finishes. Each home also offers private outdoor space, while the building features an expansive common landscapea terrace – all of which maximize the spectacular views of the Manhattan skyline and Hudson River. Onsite garage parking is also available.

Residents also enjoy an elegant attended lobby, stylishly designed with marble flooring, artistic stone borders, and custom wall coverings. The Pointe is located in an area with extensive plans for exciting new retail and recreational attractions, including the recent announcement to develop a 350,000 square-foot mall housing 100 retail outlets and the transformation of the former U.S. Lighthouse Depot into a $140-million waterfront enclave featuring stores, restaurants, a hotel and housing.

For more information on The Pointe, visit www.Own-ThePointe.com, or call 718815-0155 to make a private appointment to view the new spacious one and two bedroom homes.

 

Staten Island buyers have different Pointe of view

 

 

The Pointe on Staten Island’s north shore waterfront is quickly approaching the 50% sold mark, an impressive milestone for the new luxury condo at 155 Bay Street near the Staten Island Ferry Terminal.

A number of buyers have already moved in to the building, a collection of 57 one- and two-bedroom units all with outdoor space that give residents Manhattan views that rival anything along the Gold Coast. The homes are priced from the $300,000s, with immediate occupancy available.

And, says Jacqueline Urgo, president of The Marketing Directors, as both the rental and sales markets have begun to tighten, buyers are starting to take more notice of the oft-overlooked ‘other’ island.

“The sales success of The Pointe demonstrates the widespread appeal and exceptional value of this unique residential offering,” said the president of The Marketing Directors, which was retained by Meadow Partners, the international real estate investor and asset manager, as the building’s marketing and exclusive sales agent.

“A commuter-friendly location with convenient ferry service to downtown Manhattan, spacious homes with upscale finishes and appointments, and a price point that has all but disappeared from the New York City new construction marketplace are proving to be a winning formula here.”

The new residents at The Pointe run the gamut of buyer types — from current renters looking to move up to homeownership to empty-nesters interested in a more manageable, maintenance-free lifestyle.

“The availability of immediate occupancy allows us to quickly move buyers from purchase to move in, an advantage that has gained favor with the public, particularly renters who are ready to make the move to home ownership,” Urgo points out.

CONTINUE READING THIS STORY AT REAL ESTATE WEEKLY >>>

 

ADDITIONAL RESIDENTS MOVE INTO THE POINTE AS STATEN ISLAND WATERFRONT CONDOMINIUM APPROACHES 40% SOLD

THE POINTE CONDOMINIUMS AT 155 BAY STREET

STATEN ISLAND, N.Y, September 25, 2012 – The Pointe on Staten Island’s north shore waterfront is quickly approaching the 40% sold mark, another impressive milestone for the new luxury condominium building located at 155 Bay Street just steps from the Staten Island Ferry Terminal.

A number of new home buyers have already moved into The Pointe, which features a collection of 57 one- and two-bedroom condominium residences, desirable outdoor space and spectacular views of the St. George waterfront and Manhattan skyline.

The homes are attractively priced from the $300,000s, with immediate occupancy available.

“The sales success of The Pointe demonstrates the widespread appeal and exceptional value of this unique residential offering,” notes Jacqueline Urgo, President of The Marketing Directors, Inc., which was retained by Meadow Partners, the international real estate investor and asset manager, as the building’s marketing and exclusive sales agent.

“A commuter-friendly location with convenient ferry service to downtown Manhattan, spacious homes with upscale finishes and appointments, and a price point that has all but disappeared from the New York City new construction marketplace is proving to be a winning formula here.”

The new residents at The Pointe run the gamut of buyer types — from current renters looking to move up to homeownership to empty-nesters interested in a more manageable, maintenance-free lifestyle,

“The availability of immediate occupancy allows us to quickly move buyers from purchase to move in, an advantage that has gained favor with the public, particularly renters who are ready to make the move to home ownership,” Ms. Urgo points out.

While much of the success of The Pointe can be attributed to its convenient location and strong value proposition, also resonating with buyers is the renewed interest and reinvestment in the Pointe’s St. George location — known as the “gateway” to Staten Island — and adjacent north shore waterfront neighborhoods.

Existing cultural and recreational attractions include the St. George Theater and Staten Island Institute of Arts & Sciences (SIIAS); the waterfront Richmond County Bank Ballpark which is home to New York Yankees’ class A minor league team; the St. George Historic District; the Staten Island Children’s Museum and the Staten Island Botanical Garden.

Adding to that mosaic will be a new wave of modern public amenities and services. The former U.S Navy Home Port site in nearby New Stapleton is currently being transformed into a vibrant new destination center featuring 30,000 square feet of street-level shops and restaurants and a public plaza. In addition, the City plans to invest $32 million for infrastructure improvements and construction of a new six-acre waterfront esplanade that will provide public waterfront access.

“Our buyers recognize the activity taking place in and around St. George and see an exciting future for this neighborhood,” Ms. Urgo points out. “They understand the potential appreciation in home values in what is already a wonderful community, and they’re acting on it.”

Residents of The Pointe can immediately start enjoying a lifestyle rich in luxury and comfort. The modern, six-story brick building features an elegant attended lobby, stylishly designed with marble flooring, artistic stone borders, and custom wall coverings.

Design distinction and comfort extend to the residences as well, where a variety of one- and two-bedroom homes range in size from 962 to 1,255 square feet of living space. The residences, equipped with top-of-the-line stainless steel kitchen appliances and sumptuous baths featuring high-end stone and ceramic tile, each include a full-size washer and dryer, along with abundant closet space. Hardwood floors are complemented by the exceptional palette of interior finishes. Each home also offers private outdoor space, while the building features an expansive common landscaped terrace – all of which maximize the spectacular views of the Manhattan skyline and Hudson River. Onsite garage parking is also available.

For more information on The Pointe, visit www.OwnThePointe.com, or call 718-815-0155 to make a private appointment to view the new spacious one and two bedroom homes.

###

About Meadow Partners

With over 40 years of combined real estate experience, Meadow Partners brings the assurance of a reliable, well-funded ownership team that is firmly committed to the development and success of The Pointe and the redevelopment of the Staten Island waterfront. Their demonstrated talent, long-range perspective, and financial strength has set to redefine the standards of quality and excellence of North Shore living.

www.meadowpartners.com

 

 About The Marketing Directors, Inc.

The Marketing Directors, Inc. is a full-service marketing and sales/rental organization specializing in new homes and recognized as a national leader in high density residential development across the United States and Canada.  The company is led by founder Adrienne Albert. Jacqueline Urgo leads the NE operation. David Tufts leads The Marketing Directors, SE formed in 2007. For more information on The Marketing Directors, call 212-826-8822 or visit www.themarketingdirectorsinc.com

 ###

 

FIRST RESIDENTS MOVE INTO THE POINTE CONDOMINIUM ON STATEN ISLAND’S NORTH SHORE WATERFRONT

New Luxury Building Passes 30% Sold Mark

STATEN ISLAND, N.Y, August 7, 2012 – The first buyers who purchased new condominium residences at The Pointe on Staten Island’s north shore waterfront have begun moving in, adding a new level of activity and excitement at the luxury building which is already more than 30% sold.

Several closings have now taken place at The Pointe, which features a collection of 57 one and two-bedroom residences, desirable outdoor space, spectacular views of the St. George waterfront and Manhattan skyline and a commuter-friendly location just steps from the Staten Island Ferry Terminal.

The homes are attractively priced from the $300,000s, with immediate occupancy available.

The new residents run the gamut of buyer types — from current renters looking to move up to homeownership to empty-nesters interested in a more manageable, maintenance-free lifestyle, according to Meadow Partners, the international real estate investor and asset manager which hired the Marketing Directors, Inc. to launch sales at the 155 Bay Street building in spring, 2012.

“Welcoming our first homeowners is an exciting and important milestone as it adds life and energy to the building while also providing new buyers with an added level of confidence in their new home purchase,” notes Jacqueline Urgo, President of The Marketing Directors, Inc.

“The availability of immediate occupancy allows us to quickly move buyers from purchase to move in, an advantage that has gained favor with the public, particularly renters who are ready to make the move to home ownership. We’re excited about the momentum we’re experiencing and believe it will continue as more residents move in and more buyers visit the building.”

Much of the success of The Pointe can be attributed to its convenient location just steps from the Staten Island Ferry Terminal and a value-laden price point that has all but disappeared from New York City’s new construction marketplace.

Also resonating with buyers is the renewed interest and reinvestment in the Pointe’s St. St. George location — known as the “gateway” to Staten Island — and adjacent north shore waterfront neighborhoods.

While a number of cultural and recreational attractions already exist, including the St. George Theater and Staten Island Institute of Arts & Sciences (SIIAS); the waterfront Richmond County Bank Ballpark which is home to New York Yankees’ class A minor league team; the St. George Historic District; the Staten Island Children’s Museum and the Staten Island Botanical Garden, a new wave of modern public amenities and services are on the way. The former U.S Navy Home Port site in nearby New Stapleton is currently being transformed into a vibrant new destination center featuring 30,000 square feet of street-level shops and restaurants and a public plaza. In addition, the City plans to invest $32 million for infrastructure improvements and construction of a new six-acre waterfront esplanade that will provide public waterfront access.

“Our buyers recognize the activity taking place in and around St. George and see an exciting future for this neighborhood,” Ms. Urgo points out. “They understand the potential appreciation in home values in what is already a wonderful community, and they’re acting on it.”

Residents of The Pointe can immediately start enjoying a lifestyle rich in luxury and comfort. The modern, six-story brick building features an elegant attended lobby, stylishly designed with marble flooring, artistic stone borders, and custom wall coverings.

Design distinction and comfort extend to the residences as well, where a variety of one- and two-bedroom homes range in size from 962 to 1,255 square feet of living space. The residences, equipped with top-of-the-line stainless steel kitchen appliances and sumptuous baths featuring high-end stone and ceramic tile, each include a full-size washer and dryer, along with abundant closet space. Hardwood floors are complemented by the exceptional palette of interior finishes. Each home also offers private outdoor space, while the building features an expansive common landscaped terrace – all of which maximize the spectacular views of the Manhattan skyline and Hudson River. Onsite garage parking is also available.

For more information on The Pointe, visit www.OwnThePointe.com, or call 718-815-0155 to make a private appointment to view the new spacious one and two bedroom homes.

###

About Meadow Partners

With over 40 years of combined real estate experience, Meadow Partners brings the assurance of a reliable, well-funded ownership team that is firmly committed to the development and success of The Pointe and the redevelopment of the Staten Island waterfront. Their demonstrated talent, long-range perspective, and financial strength has set to redefine the standards of quality and excellence of North Shore living.

VIP EVENT CELEBRATING THE OPENING OF THE POINTE IN ST. GEORGE ATTRACTS BOROUGH PRESIDENT MOLINARO AND AREA PROFESSIONALS

Developer Meadow Partners and The Marketing Directors, Inc. hosted an exclusive party at The Pointe recently to celebrate the opening of the new luxury condominium building overlooking the St. George waterfront on Staten Island’s north shore. The VIP event was held on the building’s outdoor landscaped terrace and attracted a host of dignitaries and area professionals from Staten Island, Brooklyn and Manhattan, including Borough President James. P. Molinaro. Guests enjoyed cocktails and passed hors d’oeuvres while taking in The Pointe’s spectacular views of the Manhattan skyline, Verrazano Bridge and Hudson Bay. When not marveling at the picturesque vistas, attendees toured the building’s furnished model homes which, along with a convenient location at 155 Bay Street just steps from the Staten Island Ferry Terminal, have helped inspire buyers to purchase more than 20% of The Pointe’s 57 homes. “This was the perfect opportunity to shine a spotlight on The Pointe and showcase what makes it such a unique offering in the marketplace,” noted Jacqueline Urgo, President of The Marketing Directors, Inc., the building’s exclusive marketing and sales agent. “It’s an exciting new development that represents a renewed interest in St. George and the surrounding north shore waterfront.”

The Pointe features 57 one- and two-bedroom condominium residences priced from the $300,000s. The homes range in size from 962 to 1,255 square feet of living space and feature hardwood floors, top-of-the-line stainless steel kitchen appliances, sumptuous baths with high-end stone and ceramic tile, a full-size washer and dryer and abundant closet space. Each home also offers private outdoor space, while the building features an expansive common landscaped terrace – all of which maximize the spectacular views of the Manhattan skyline and Hudson Bay. The modern, six-story brick building also features an elegant attended lobby, stylishly designed with marble flooring, artistic stone borders, and custom wall coverings, as well as available onsite garage parking.

Immediate occupancy is available. For more information on The Pointe, visit www.OwnThePointe.com, or call 718-815-0155.

About Meadow Partners With over 40 years of combined real estate experience, Meadow Partners brings the assurance of a reliable, well-funded ownership team that is firmly committed to the development and success of The Pointe and the redevelopment of the Staten Island waterfront. Their demonstrated talent, long-range perspective, and financial strength has set to redefine the standards of quality and excellence of North Shore living.

CLICK FOR PICS!

Staten Island Condos Out of the Gate Running

By Dees Stribling, Contributing Editor

New York—The appetite for condos in New York has been reviving lately, with new product moving at a quicker pace than since before the recession, according to brokers in the trenches. Not everyone has been turned off to buying their own homes, it seems. “Despite the downturn in the for-sale market and the subsequent push to rentals in recent years, there are still many people in the marketplace who prefer home ownership,” Jacqueline Urgo, president of The Marketing Directors Inc., tells MHN.

As an example, Urgo citesThe Pointe. Marketing Directors is the sales and marketing agent for the property, which is on Staten Island near the Ferry Terminal (155 Bay Street), and since its marketing effort began two months ago, about 20 percent of The Pointe’s 57 one- and two-bedroom condos have been sold.

The property’s units range in size from 960 square feet to 1,250 square feet of living space, and come equipped with stainless steel kitchen appliances and baths featuring stone and ceramic tile. Each unit also offers private outdoor space, while the building features a common landscaped terrace–all of which maximize the views of the Manhattan skyline and Hudson River.

The location might be good, but there’s more to it than that, says Urgo. “There’s also a deep-rooted confidence in New York City real estate, including the outer-boroughs like Brooklyn and Staten Island,” she notes. “The early success we’re experiencing at the Pointe speaks to that.”

Urgo adds that in this particular case, The Pointe’s St. George location and adjacent north shore waterfront neighborhoods are enjoying a renewed interest and reinvestment from various private entities and city agencies. The former U.S Navy Home Port site in nearby New Stapleton is currently being transformed into a retail property with 30,000 square feet of shops and restaurants and a public plaza. In addition, the city of New York plans to invest $32 million for infrastructure improvements and construction of a new six-acre waterfront esplanade that will provide public waterfront access.