via GABBY WARSHAWER/ The Wall Street Journal
New development and historic preservation are often considered uneasy bedfellows, but both are thriving in Staten Island’s Stapleton neighborhood.
Developers recently broke ground on a large waterfront project that will have around 900 units of housing. Community groups in the area, meanwhile, are campaigning to protect and maintain the area’s historic housing stock.
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This summer, ground was broken on a $150 million development on the waterfront that was part of a decommissioned Navy homeport. In addition to about 900 housing units, the project by New Jersey-based Ironstate Development will also include store spaces and parking. The city will be putting $32 million into improving infrastructure in the area and building out an esplanade.
“We see this as part of a macro trend of industrial, riverfront properties turning from industrial to mixed-use,” said David Barry, the president of Ironstate Development, which has constructed mixed-use waterfront developments in Hoboken and Long Branch, N.J.
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