Final phase begins to build affordable housing, new retail, community center on Surf Ave.
BFC Partners project will bring 500 construction jobs, 100 local permanent jobs
CONEY ISLAND — BFC Partners and its development team are transforming Surf Avenue in the heart of Coney Island with much-needed mixed-income housing projects. 1709 Surf Avenue marks the final phase of the project, which includes three buildings in total. This large mixed-use project is 100% affordable, delivering 464 units, onsite parking for 76 cars, a large community facility, and 12,000 square feet of retail availability.
“We’re excited to conclude this transformative development with the Phase III building,” said Don Capoccia, Managing Principal, BFC Partners. “BFC Partners has a longstanding commitment to building and preserving high-quality affordable housing, and we are proud of the work we’ve done on Coney Island. Projects like these strengthen and stabilize New York City’s neighborhoods.” Once fully completed, the three buildings will have added 1,300 units to Coney Island.
“The City of New York, New York City Housing Preservation and Development (HPD), and New York City Housing Development Corporation (HDC) have been amazing partners on the first two phases of the Surf Avenue project. We are deeply appreciative of their support and look forward to working with them on this final building,” added Capoccia.