Prusik, Taconic unveil plans for massive Coney Island complex

Project will span three blocks and include 1,000 apartments

TRD New York /
Jan.January 04, 2018 07:00 AM

Rendering of Surf Avenue development (Credit: The Prusik Group)

The Prusik Group and Taconic Investment Partners are planning a massive mixed-use complex in Coney Island, joining a string of other new projects underway in the neighborhood.

New York YIMBY on Wednesday revealed renderings of 1709 Surf Avenue, a three-block development that will comprise 1,000 apartments, 150,000 square feet of retail space and 80,000 square feet of offices. The project is expected to be completed in 2020, though plans have not officially been filed with the city’s Department of Buildings.

Taconic picked up the site in 2005 for $7.6 million, along with a neighboring parcel for $825,000, records filed with the city’s Department of Finance show. The company bought three more parcels nearby in 2006 for $3.5 million.

Nearby, construction is ongoing at Cammeby’s International Group’s 532 Neptune Avenue and John Catsimatidis’ Ocean Dreams development at 3514 Surf Avenue[NY YIMBY]Kathryn Brenzel


Related Articles

arrow_forward_ios

California passes landmark rent control law

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

From left: Taconic co-CEOs Charles Bendit and Paul Pariser, 125 West End Avenue, and Nuveen's Mike Sales (Credit: Taconic, Google Maps, and Nuveen)

Nuveen teams up with Taconic on ABC campus buy

The construction giants catching a Windy City windfall

David Marx of MDG Real Estate and the site at 71-05 Parsons Boulevard in Queens (Credit: Google Images and iStock)

Here’s a weird one: David Marx plans towers at Queens site he bought from his own company

Resi scorecard: Brooklyn and Queens condo inventory through June 2019

Mack-Cali sells Paramus office property, Murphy enacts land bank reforms & more North Jersey real estate news

Jeff Bezos and Amazon HQ in Silicon Valley (Credit: Getty Images)

Why Amazon HQ2 is already rattling the local housing market

arrow_forward_ios