BFC Partners Announces Groundbreaking at 1709 Surf Avenue, Enhancing Coney Island's Housing Landscape

Groundbreaking for Affordable Housing at 1709 Surf Avenue

On July 28, 2025, BFC Partners marked an important milestone in Coney Island's urban landscape by holding a groundbreaking ceremony at 1709 Surf Avenue. This initiative, which represents the third phase of a larger housing project, aims to provide 420 new residential units that will be 100% affordable. With this addition, BFC's total commitment to developing affordable housing in this iconic seaside neighborhood reaches 1,242 units.

The Significance of the Project

Coney Island is known for its vibrant atmosphere and historical significance, but it has also faced a pressing need for affordable housing. According to New York City Mayor Eric Adams, securing a home in this area should not feel like a daunting challenge, especially as the city continues to evolve. The completion of these 420 units is expected to offer families a chance to thrive in a community that holds a unique cultural identity.

Additionally, this development has garnered the support of various key players, including the New York City Department of Housing Preservation and Development (HPD), the New York City Housing Development Corporation (HDC), Citi, and Goldman Sachs. These partnerships aim to ensure that the construction aligns with the broader goals of increasing affordable housing in the city.

Community Involvement and Leadership Perspectives

During the groundbreaking ceremony, House Democratic Leader Hakeem Jeffries emphasized the critical need to address the affordable housing crisis in New York City. He noted that the addition of 420 high-quality apartments is an essential step in preventing the city from becoming a playground solely for the wealthy. By making quality housing accessible to a broader range of New Yorkers, the project contributes to the city's diverse community fabric.

Deputy Mayor for Housing, Economic Development, and Workforce, Adolfo Carrion Jr., expressed excitement about the initiative, stating that it reflects the city's commitment to housing development. He affirmed that this administration is keen on making significant contributions to the housing landscape of Coney Island and beyond.

Key Features of the Development

The site of the new building previously served as an underutilized parking lot and comprises city-owned properties. Once completed in 2028, 1709 Surf Avenue will not only offer affordable housing but will also revitalize an important part of Coney Island's infrastructure. Renovations will include improvements to streets and sewers, along with the anticipated revitalization of community spaces such as an ice rink.

The key features of the new homes reflect modern design principles intended to enhance living quality while embracing the local culture. BFC Partners is dedicated to ensuring that the homes provide ample space and comfort, making them more than just shelters, but places that families will take pride in calling home.

Strategic Location and Accessibility

The new development's strategic location near the Stillwell Avenue subway station provides residents with a robust transit connection to all parts of New York City. This aspect aligns with the city's goals for fostering transit-oriented developments, thereby creating a more sustainable urban environment. The accessibility offered by the transit lines will enhance the quality of life for Coney Island's residents.

Several BFC Partners’ previous phases—specifically 1607 Surf Avenue and an earlier development at 446 units—were well-received, with nearly all units leased and occupied. This momentum is crucial for BFC as they continue to address the housing needs across New York City, including ongoing projects on Staten Island to transform older housing complexes into mixed-income residences.

Commitment to Future Developments

Win Wharton, Principal at BFC Partners, reiterated the firm's dedication to high-quality, affordable housing, remarking on the transformative potential of each project. As the city grapples with a growing housing crisis, the focus remains on delivering projects that stabilize and strengthen neighborhoods.

In conclusion, the groundbreaking ceremony at 1709 Surf Avenue is about more than just housing; it represents a vision for a more inclusive future where quality and affordability go hand in hand in one of New York City’s most beloved areas. With solid support from city leaders and financial partners, the journey to enhance Coney Island’s residential landscape is well underway, paving the way for a bright, sustainable future for all its residents.