The approaching completion of LCOR’s 1515 Surf Avenue is the most effective news Coney Island has seen for the reason that Parachute Jump was designated as a city landmark.
The dual-towered apartment constructing just a brief walk to the ocean brings the neighborhood just what it needed: more market-rate housing.
The project’s 16 and 26-story towers can have 324 apartments, of which greater than half are market-rate.
The project’s 16 and 26-story towers can have 324 apartments, of which greater than half are market-rate.
The remainder are “inexpensive,” a product which Coney Island has in abundance. There’s nothing flawed with lower-priced recent homes, but the world needs more middle-income residents to support higher stores and restaurants than now exist.
The constructing also has 10,600 square feet of retail. LCOR, an experienced, major-league developer, can surely draw the sorts of ground-floor businesses that local residents at every income level need.