Wednesday, May 14, 2025
The New York City Economic Development Corporation (NYCEDC) President and CEO, Andrew Kimball, and New York City Mayor Eric Adams announced that Artimus and Phoenix Realty Group have been chosen to construct more than 500 new mixed-income housing units on two undeveloped land parcels along the waterfront on the north shore of Staten Island. Of these, 25% will be affordable housing.
The development will be the biggest mass timber residential project in New York City. It will be completed faster and with a lower carbon footprint thanks to the use of a more modern, environmentally friendly building material. With $400 million in city investment, 2,400 homes, more than 20 acres of public space, more than 7,500 family-sustaining jobs, and $3.8 billion in economic impact over 30 years, the announcement advances several important initiatives in Mayor Adams’ “Staten Island North Shore Action Plan: Building a Vibrant, Mixed-Use Waterfront Community,” which lays out a four-year roadmap for the future of Staten Island’s North Shore.
The development also invests in jobs and industries that help the city fight climate change, positions New Yorkers to benefit from the nearly 400,000 “green-collar” jobs that are expected to be created in New York City by 2040, and advances commitments in Mayor Adams’ “Green Economy Action Plan,” a roadmap to grow the city’s green economy, by using sustainable mass timber to build these new homes. “New York is a five-borough city, and I am a five-borough mayor. That is why we have put Staten Island front and center from day one of this administration, unveiling our ‘Staten Island North Shore Action Plan’ to bring thousands of homes and jobs to the borough, launching construction on a vibrant new public space, and breaking ground on a brand-new recreation center,” commented Mayor Adams. “With today’s announcement, we are checking another key box of our North Shore checklist. We are not only building the affordable homes New Yorkers need but using sustainable materials to reduce our carbon footprint and help turn New York City’s waterways into the ‘Harbor of the Future.’”
“This project is a milestone for New York City — bringing mass timber construction to scale while delivering affordable housing and good jobs,” noted Deputy Mayor for Housing, Economic Development, and Workforce Adolfo Carrión Jr. “By selecting a forward-thinking development team, we’re showing how sustainable building isn’t just the future — it’s happening now on Staten Island.”
“By developing over 500 new mixed-income housing units and expanding public green spaces, we are not only addressing New York City’s housing crisis and advancing promises made in the North Shore Action Plan, but we are also creating a more resilient and sustainable built environment through the use of low-carbon building materials like mass timber,” said NYCEDC President and CEO Kimball. “This transformative redevelopment project exemplifies the city’s commitment to creating mixed-use, mixed-income neighborhoods along the vibrant waterfront that benefit all New Yorkers.”
In this project, a former U.S. naval facility will be transformed into a 32-acre mixed-use, mixed-income waterfront neighborhood, marking the next stage in the development of the New Stapleton Waterfront. Within 12 acres of connected public open space, the New Stapleton Waterfront will include more than 2,100 mixed-income residential units, ground-floor shops, a 600-seat public school, and additional community amenities. The demolition of the former U.S. naval homeport facilities was part of the six acres of open space and esplanades that NYCEDC began working on in September.
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