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April 19th, 2015

Lighthouse Point

An Island’s Turning Point

By: C. J. Hughes,

The New York Times

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In a feature story titled “An Island’s Turning Point,” The New York Times profiled the revitalization of Staten Island’s North Shore, positioning Triangle Equities’ Lighthouse Point development as a central driver of this transformation. Situated next to the St. George Ferry Terminal, the 500,000-square-foot mixed-use development aims to convert a long underutilized waterfront site into a vibrant, transit-oriented hub with residential, commercial, and hospitality offerings anchored by public green space and historic building reuse.

Lighthouse Point exemplifies Triangle Equities’ forward-thinking approach: a $200+ million investment that blends 110+ rental units (including affordable housing), a full-service hotel, retail and office space, structured parking, and adaptive reuse of 19th-century Lighthouse Depot buildings. As the Times notes, this project—alongside other new waterfront initiatives—signals a broader shift toward attracting residents, businesses, and visitors to Staten Island’s emerging cultural and economic center.

Framed as a high-impact first-mover effort, Lighthouse Point aligns with citywide priorities to spark equitable development across boroughs. The article underscores how thoughtful design, public-private investment, and transit connectivity are helping reshape perceptions and drive momentum on the North Shore.