Coney Island Shore Theater’s Hotel Conversion Begins at 1301 Surf Avenue in Coney Island, Brooklyn

Work has begun on the renovation and hotel conversion of the Coney Island Shore Theater, a seven-story historic building at 1301 Surf Avenue in Coney Island, Brooklyn. Designed by Gerner Kronick + Valcarcel Architects and developed by PYE Properties, the project will transform the derelict 98-year-old structure into a hotel with guest amenities and ground-floor retail space. The property is located at the corner of Surf and Stillwell Avenues and has sat abandoned since the early 1970s.

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The Matteo Nears Completion at 323 East 79th Street on Manhattan’s Upper East Side

Exterior work is finishing up on The Matteo, a 17-story residential building at 323 East 79th Street in the Yorkville section of the Upper East Side. Designed by Woods Bagot Architects and developed by Boomerang Development Group, which purchased the property from Spruce Capital Partners for $13.7 million, the 214-foot-tall structure will yield 35,045 square feet with 15 full-floor condominium units in three- to four-bedroom layouts. All homes will feature direct elevator access, and some will span two floors. Sunlight Construction AA is the general contractor and The Masters Division at Nest Seekers is handling sales and marketing for the property, which is located on a narrow interior plot between First and Second Avenues.

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