Coney Island Update: More Luxe Housing, More Heat


Thursday, July 27, 2006, by Robert

2006_07_OceanDreams.jpgConey Island's been so down for so long that it's almost impossible to have too much "up," even though today's Post treats plans for South Brooklyn's Riviera like new news. In fact, other than the lighting of the Parachute Jump a few weeks ago, Coney has been more like No News this year as projects like the $1 billion Thor Equities grand Vegas plan are rejiggered and zoning studies take place. There are a couple of tidbits, though: One is that Coney's first luxe residential development could break ground by next spring. It's a 250-unit development called Ocean Dreams that will have three six-story glass buildings with doorman, concierge, health club, swimming pool, parking and van service to the subway. The other is that condos in Brightwater Towers, a highrise near the boardwalk that came into being as Mitchell-Lama affordable housing, are going for up to $675K (okay, they're three-bedrooms) and that a house in Seagate has been put on the market for $950K.
· Coney Island High [NYPost]
· Coney Island Development Update [Curbed]


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