Twin-towered residential project 1515 Surf Avenue nears completion in Coney Island
The imminent completion of LCOR’s 1515 Surf Avenue is the best news Coney Island has seen since the Parachute Jump was designated as a city landmark.
The twin-towered apartment building just a short walk to the ocean brings the neighborhood just what it needed: more market-rate housing.
The project’s 16 and 26-story towers will have 324 apartments, of which more than half are market-rate.
The project’s 16 and 26-story towers will have 324 apartments, of which more than half are market-rate.
The rest are “affordable,” a product which Coney Island has in abundance. There’s nothing wrong with lower-priced new homes, but the area needs more middle-income residents to support better stores and restaurants than now exist.
The building also has 10,600 square feet of retail. LCOR, an experienced, major-league developer, can surely draw the kinds of ground-floor businesses that local residents at every income level need.