The first two buildings of Coney Island’s “Ocean Dreams” development appear to have topped-out as glass façades begin to rise on the beachfront structures. The highly anticipated project is expected to strengthen the city’s redevelopment initiatives across the neighborhood.
3514 Surf Avenue
Back in January, YIMBY posted a new rendering for Red Apple Group’s 3514 Surf Avenue, in Coney Island. Since then, we’ve spoken with the site’s developer, John Catsimatidis, who offered an even fresher image of the project, as well as some additional insight into what’s happening across the neighborhood and Brooklyn.
A new rendering has been revealed for the upcoming project at 3514 Surf Avenue in Coney Island, Brooklyn, which YIMBY previously revealed thanks to grainy on-site imagery. The property is being developed by John Catsimatidis’ Red Apple Real Estate.
Back in January, YIMBY reported on new building applications for a large development site at 3514 Surf Avenue, in Coney Island, Brooklyn. Now, thanks to a tipster, we have the reveal for the project, which is being developed by John Catsimitidis’ Red Apple Group.
New building applications for single and multi-family residential developments in New York City saw a major slowdown in 2016, as the fading boom following the changes that occurred at the Department of Buildings in 2014 began to slack further. Numbers have plunged by over half since 2014, and by 38 percent since 2015. The full report with spreadsheets covering every new building application is available at the research store.