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With population at 464,573, Island's growth slows
   Latest Census Bureau estimates show losses in Brooklyn,  Queens, the Bronx

Staten Island Advance - Thursday, March 16, 2006

WASHINGTON - Staten Island's population expansion slowed last year, with 1,878 new residents bringing the total population to 404,573. Still, the small increase bucked the trend of population loss elsewhere in the city.

The Island registered a growth rate of .4 percent between 2004 and July 1, 2005, according to the U.S. Census Bureau's latest annual county population estimates, which are based on birth and death records, tax returns and other administrative data.

Brooklyn, Queens and the Bronx showed population losses of .4 percent  to .5 percent. Manhattan's population edged up .1 percent.

Staten Island ranked 16th in growth among the state's 62 counties. The largest increase, 1.7 percent, was recorded in Jefferson County, the home of Fort Drum, the state's largest military base.

"We continue to be a faster-growing county in a mostly stagnant state," Dr. Jonathan Peters, a professor of finance at the College of Staten Island, said yesterday. But the Island has fallen "behind the curve" in meeting the growth projections made for it several years ago by the New York Metropolitan Transportation Council, Peters added. "We were supposed to be at 470,000 by now," he said.

The number of Islanders increased 4.7 percent in the first four years after the 2000 Census, which put the borough's population at 443,728.

Borough President James Molinaro said Island growth had "definitely slowed" in the past few years and attributed the slackening in part to the 2003 rezoning plan approved by the City Planning Commission to prevent developers from tearing down older homes and replacing them with multiple dwellings.

"The results of the down-zoning are definitely showing," Molinaro said. On a typical 3-acre development site, "you once could build 55 homes and now you can build only 20," he noted.

Molinaro said city planning officials recently confirmed to him that fewer single-family homes are under construction on the Island than two years ago. But he predicted that the apartment construction renaissance under way on the North Shore, especially in St. George, would spur further growth.

"You can buy an apartment for $500 per square foot in St. George," he said. "In Manhattan, it would cost you $1,000 a square foot."

In addition, St. George "offers people a better view than they can get in Manhattan, which is a view of Manhattan," Molinaro said.

He estimated that in St. George alone, over 18,000 new apartment units are either under construction or on the drawing board.

While maintaining overall growth last year, the Island continued to lose residents who were born in the borough or moved here from other parts of the city and country, according to the Census estimates.

In a trend that began in the 1990's, the Island saw a net domestic outflow of 2,370 people in the year ending July 1, 2005, while 1,731 people moved here.

Molinaro suggested that the soaring cost of housing in the borough over the past several years had made the Island less of a magnet for folks wanting to move out of apartments in other boroughs and buy homes here.

Peters ascribed the domestic outflow to longtime Islanders of retirement age cashing in on the equity of the homes they bought in the 1960s and 1970s and moving to lower-cost areas in Florida and other southern states.

However, William Di Biasi, a Todt Hill real estate broker and tax abatement specialist, said he has been seeing more and more younger Islanders join the exodus.

The "Internet revolution" has made it easier for people to pull up stakes, according to Di Biasi. "You can have your entire business in your phone now," he said. "And as long as you have a keyboard, you can do everything."


By Terence J. Kivlan
Reprinted here with permission from the
Click Here to read the Advance online


 

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