Developer, Elected Officials, & Other Prominent Guests Officially Mark the Commencement of Construction for Phase I of $200 Million Transformative Development on St. George Waterfront

WHAT: Triangle Equities, elected officials, and stakeholders will officially celebrate the groundbreaking for phase I of Lighthouse Point, the developer’s$200 million, mixed-use project on the St. George waterfront in Staten Island. Along with the other new core developments currently underway, this momentous occasion marks the continued progress of a transformative period for the North Shore of Staten Island.

In addition to the more than $1 billion investment into the transformation of the St. George waterfront, Lighthouse Point will contribute to the realized vision of “Destination St. George”, which will attract millions of people to live, work, and visit. Construction of the first phase of the project is slated for completion in December 2017.

Executives from Triangle Equities, along with elected officials, finance partners, and other stakeholders will be on hand with shovels and to share a few remarks during a brief speaking program. Light refreshments from local epicurean shops, including Dominick’s Bakery & Café, Mercato Bagels and Beans & Leaves will be served throughout the ceremony. Additionally, there will be giveaways provided by Destination St. George partners, including Snug Harbor, the New York Wheel, Empire Outlets, The Staten Island Yankees, and others.

WHO:

Lester Petracca, President, Triangle Equities

James Oddo, Staten Island Borough President

Maria Torres-Springer, President, NYCEDC

Lindsey Boylan, Chief of Staff, NYS Empire State Development

Sherry Wang, Vice President, Goldman Sachs Urban Investment Group

Cam Turner, Principal, United Fund Advisors

Bill Butler, Senior Vice President, Citizens Bank

Additional stakeholders in attendance

WHEN: Wednesday, June 15, 2016

12:00 PM

WHERE: Lighthouse Point

35 Bay Street

Staten Island, NY

PHOTO OPP:

Speaking program at branded podium, including remarks from executives, elected officials, and finance partners

Executives, elected officials, and stakeholders with 15 over-sized shovels for ceremonial dig

Dirt from construction site with branded step and repeat

Current status of construction at Lighthouse Point and opportunity to walk around the site

Incredible views of the New York Harbor and Lower Manhattan