College of Staten Island

Staten Island,

Student, Faculty, And Staff Housing Market Analysis; Student Housing Rfp Development/selection Management

In 2003 the College of Staten Island had just gained approval to add its first on-campus housing— a 1,000-bed facility— and it wanted a market study and demand assessment performed to verify the scope and need for this project. B&D was hired to do that study and our work included: a demographic analysis of on- and off-campus populations and housing; a demand projection based on interviews with and surveys of students and staff; creation of a comprehensive space plan; and an outline of the desired size, mix, amenities, and rental rates. In addition, we put together a financial analysis comprised of a budget and operating pro forma. We concluded that there was indeed a demand for student housing that could be addressed through the development of market-rate apartments on campus. This could provide students, faculty, and staff with financially feasible and convenient housing that was also consistent with the college’s overall goal of building a sense of community on campus. Subsequently, in 2006, we were once again retained by the college, this time to provide services related to selecting a housing developer to implement our recommendations. We developed an RFP and managed the selection process, then assisted the college and the developer as we performed a demand update to verify the acceptance of the project by the students.

CSI EYES CAMPUS HOUSING

The College of Staten Island may become the second of the City University of New York’s 19 academic institutions to have on-campus housing for students and faculty.

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