The Real Deal New York

By the Numbers: “The people’s paradise”

Post-Hurricane Sandy, Coney Island begins another redevelopment ascent
By Marynia Kruk | June 13, 2016 04:51PM


Coney Island’s annual Mermaid Parade

From the June issue: Coney Island’s fortunes have been described as having the ups and downs of a roller coaster. From the late 19th century to World War II, it was one of the most popular attractions in the country. But during the post-war years, crowds dwindled and the seaside neighborhood began a slow decline. Developers tried to build housing with mixed success. Among them, Donald Trump’s father, Fred, built his largest project ever in 1964: Trump Village, a 3,800-unit apartment complex with ocean views. But it arguably took the devastating effects of Hurricane Sandy in 2012 to trigger a real rebirth. Ruby Schron of Cammeby’s International is now building a residential tower that will be the tallest in South Brooklyn. [more]