The Real Deal New York

Cammeby’s taps Suffolk Construction for Coney Island’s tallest tower

Company will serves construction manager at 532 Neptune
By Kathryn Brenzel | May 18, 2017 02:40PM

Rubin Schron, rendering of 532 Neptune Avenue and Charlie Avolio

Cammeby’s International Group has tapped Suffolk Construction to take on what will be Coney Island’s tallest tower.

Suffolk will serve as construction manager at 532 Neptune Avenue, a planned 40-story mixed-use tower at the site of the Trump Village Shopping Center, representatives for Cammeby’s confirmed on Thursday. The tower is part of the developer’s Neptune/Sixth redevelopment, which also includes a seven-story office and retail building at 626 Neptune Avenue.

Representatives for Suffolk did not immediately return calls seeking comment. The company is also working on 50 Bridge Park Drive, one of the two residential buildings RAL Development and partner Oliver’s Realty Group TRData LogoTINY have planned for Brooklyn Bridge Park.

Cammeby’s filed plans for the 430-foot-tall tower at 532 Neptune in January 2015, calling for 544 apartments, 90,000 square feet of retail and another 15,521 square feet for community facilities. Last week, the company announced that Russian grocery chain NetCost Market will take 38,000 square feet on the ground floor of the building. Cammeby’s also landed a $54 million loan package for 626 Neptune Avenue.

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