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3 Buildings With Nearly 400 Apartments Planned for Rosebank

By Nicholas Rizzi | January 11, 2017 1:57pm
 Developers plan to build three buildings with nearly 400 apartments on Rosebank's waterfront.
Developers plan to build three buildings with nearly 400 apartments on Rosebank's waterfront.
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Department of City Planning

ROSEBANK — Yet another huge development is being proposed for Staten Island's North Shore with plans for three large tower blocks holding nearly 400 apartments.

V Capital Management wants to build 13, 12 and six story apartment buildings on an 18-acre lot at 125 Edgewater St. with a public esplanade and parking garage, New York YIMBY first reported.

Developers filed two proposals with the Department of City Planning that call for either 24,173 square-feet of retail and 371 apartments or 396 units with no retail, according to the plans.

Depending on which plan gets approved, the building will have 25 or 30 percent of the units set aside for affordable housing, according to the proposals.

The buildings will also have rooftop gardens and recreations spaces, according to the developer's website.

V Capital did not immediately respond to a request for comment on the plans.

Aside from the apartment buildings, the plans call for parking garages with 316 spaces and 186 for bicycles, nearly 9,000 square-feet of open space and a public walkway along the water that would connect to other waterfront projects in Stapleton.

Currently, the lot holds a vacant one to two story structure and a one-story steel shed that would be demolished to make way for the new buildings, according to the zoning plans.

Developers applied to the city for zoning changes last month and, if approved, plan to start construction in 2017, according to the plans.

They would build the development in phases and expect it to be finished in 2019.