Shelton Haynes and RIOC Transform Roosevelt Island: A Unique Haven in New York City
Roosevelt Island, a small, narrow island in the East River between Manhattan and Queens, has undergone a remarkable transformation under the leadership of CEO Shelton Haynes and the Roosevelt Island Operating Corporation (RIOC). The island, known for its historical landmarks and breathtaking views, has become a thriving community with modern developments that offer a peaceful escape from the bustling metropolis.
The Completion of Riverwalk Neighborhood
One of the most significant achievements of Shelton Haynes and RIOC has been the completion of the Riverwalk neighborhood. The ninth and final building, comprised of over 2,000 apartments, spanned 19 acres and took a quarter-century to complete, requiring $185 million in construction financing. Riverwalk 9, designed by Handel Architects, provides 357 apartments, with 104 workforce housing units reserved for Memorial Sloan Kettering Cancer Center employees. Completing Riverwalk 9 will contribute to the island’s economic growth, job creation, and overall beauty.
Decades-Old Dreams Realized
The master plan designed by renowned architects Philip Johnson and John Burgee for Roosevelt Island was realized under RIOC’s guidance. The FDR Hope Memorial, initiated in 1973 to honor President Franklin D. Roosevelt, was completed in 2021, marking a significant milestone. The island retains its rich history, dating back to the mid-19th century, and RIOC continues to take on responsibilities to bring its dreams to fruition.
Revitalization of Retail, Dining, Student Life, and the Graduate Roosevelt Island Hotel
Under Haynes’ leadership, Roosevelt Island has experienced a revitalization of its retail and amenity options. The addition of shops, the opening of Cornell Tech’s campus, and the revitalization of Roosevelt Island’s Main Street have brought new life to the island’s commercial landscape. The Graduate Roosevelt Island, the island’s first hotel, opened its doors in 2021, providing visitors with a unique and stylish accommodation option.
Roosevelt Island: A Unique Haven in New York City
In conclusion, Shelton Haynes and Roosevelt Island Operating Corporation have transformed Roosevelt Island into a unique haven in the city. The island’s blend of historical landmarks, modern developments, and breathtaking natural beauty make it an attractive destination for new residents, businesses, and investments. The completion of Riverwalk 9, the revitalization of retail and dining options, and the Graduate Roosevelt Island Hotel’s opening demonstrate the island’s potential as a flourishing community.