Construction recently topped out on Coney Island III, an 11-story all-affordable residential building at 1709 Surf Avenue in Coney Island, Brooklyn. Designed by S9Architecture and developed by BFC Partners in collaboration with the NYC Department of Housing Preservation & Development (HPD), the NYC Housing Development Corporation (HDC), Citi, and Goldman Sachs, the structure will yield 420 rental units. The project is the third and final phase of the Coney Island West seaside master plan, which will contain a total of 1,242 homes. The property is located along the waterfront between West 17th and 19th Streets, directly across from Maimonides Park, home of the Brooklyn Cyclones.
The topping-out ceremony was held on June 23 and was attended by BFC Partners leadership including founder Peter Ferrara, principal Joseph Ferrara, and managing principal Don Capoccia, as well as members of the construction crew.
The topping out ceremony of Coney Island III at 1709 Surf Avenue.
The topping out ceremony of Coney Island III at 1709 Surf Avenue.
The topping out ceremony of Coney Island III at 1709 Surf Avenue.
The rendering depicts a sprawling, multifaceted massing incorporating numerous shallow setbacks. The façade will be composed of a blue-gray and earth-toned brick surrounding a grid of recessed rectangular windows.
1709 Surf Avenue was formerly occupied by a City-owned surface-level parking lot, as seen in the below Google Street View image.
1709 Surf Avenue. Image: Google
The development is being funded through a mix of public and private sources, including construction debt and equity from Citi and Goldman Sachs.
The ground-up development is located in close proximity to the Coney Island–Stillwell Avenue station, served by the D, F, Q, and N trains.
Coney Island III is expected to be completed in 2028.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Im hoping to be one of the first too be called for a one bedroom tried for seniors buildings I’m 72yo retired I hoping to get a chance to live in a brand new apartment soon.
Good Luck, Diane!
How do you apply for these apts
why not some market rate housing to help cover ongoing costs, stabilize the community and have folks from various walks of life.
This is beach front property. or cross the street.
Are we not told warehousing the poor or just one socio enconomic group a bad thing. Hence all the affordable components in market rate housing and yet zero here.
Obviously there a huge tax subsidy here that other New Yorkers will pay for.
also taller would be fine
This city is largely governed by a toxic mix of populism and left-wing ideology. There is no understanding of basic economics, no understanding of unintended consequences, only the good intentions of do-gooders who think justice means collecting more and more taxes in order to distribute it to random people. The whole thing would be ridiculously funny if it wasn’t so perverse.
That will turn out to be crap ……coney island is crowded enough…..
This looks ghastly. More “affordable” housing with absolutely no understanding that you don’t have to be rich to want to live in an aesthetically pleasing environment. Or maybe those who plan these developments just don’t care.
What the rich considered “aesthetically pleasing” in the early 20th century is not the case today. Back then, luxury East Side apartments tended to be of understated historical styles. Showy Art Deco was generally for the lesser mortals of the West Side or the Bronx. A notable exception is 740 Park, which is in a very tame Art Deco style.