The Real Deal New York

Prusik, Taconic unveil plans for massive Coney Island complex

Project will span three blocks and include 1,000 apartments
January 04, 2018 07:00AM

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