The Pointe, a new collection of one- and two-bedroom condominiums on the North Shore of Staten Island, had a sale on its grand opening day.
The luxury development, located at 155 Bay Street overlooking the St. George waterfront and Manhattan skyline, has officially opened to the public.
The six-story brick building offers 24-hour doorman service in a lobby with marble flooring, stone borders, and custom wall coverings.
Its 57 residences feature gourmet kitchens, views and private outdoor space, and are steps from the Staten Island Ferry Terminal and train service.
The one- and two-bedroom residences are priced from the $300,000s. Immediate occupancy is available.
“We had a lot of interest from prospective buyers prior to grand opening, and we’re seeing that pent-up excitement immediately translate into sales activity,” said Jacqueline Urgo, president of The Marketing Directors, Inc., the exclusive marketing and sales agent for The Pointe.
“In just the first week of our sales program, we’ve seen how potential purchasers instantly appreciate the extraordinary value found here in terms of bright, sunny homes with high ceilings and amazing living space in a building with new, custom-designed common areas.
“Coupled with our attractive prices and a location that’s a Manhattan commuter’s dream, we believe this exciting residential offering will appeal to everyone from current renters moving up to homeownership to empty nesters looking to scale down to a more manageable, maintenance-free lifestyle. ”
The opening of The Pointe also represents a renewed interest and reinvestment in St. George, known as the “gateway” to Staten Island, as well as the extended Staten Island North Shore waterfront.
Area residents already enjoy a host of cultural and recreational attractions, including the Alice Austen House Museum, the St. George Theater and Staten Island Institute of Arts & Sciences; Richmond County Bank Ballpark; the St. George Historic District; Snug Harbor; the Staten Island Children’s Museum and Staten Island Botanical Garden.
This strong cultural, arts and entertainment fabric will soon be enhanced by a new wave of modern public amenities and services as work is underway to transform the former U.S Navy Home Port site in nearby New Stapleton into a new destination center featuring 30,000 s/f of street-level retail space 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.
“The Pointe’s well-funded ownership team brings a solid financial background and proven real estate experience to the area,” said Urgo.
“The company, along with other private entities and government agencies, are investing hundreds of millions of dollars into the North Shore waterfront district — all aimed at improving the quality of life for residents. That significant financial commitment is resonating with buyers who see an exciting future for this neighborhood and understand the potential appreciation in home values in what is already a wonderful community.”