Brooklyn

Housing Lottery Launches for 55 Summit Street Cooperatives in the Columbia Street Waterfront District, Brooklyn

The affordable housing lottery has launched for 55 Summit Street Cooperatives, a five-story residential building in Brooklyn’s Columbia Street Waterfront District. Designed by Tahir Demircioglu Architect and developed by Michael Abramov under the SS Development Partners LLC, the structure yields five residences. Available on NYC Housing Connect are five units for sale for residents at 80 percent of the area median income (AMI), ranging in eligible income from $57,074 to $115,280.

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Coney Island Shore Theater’s Hotel Conversion Begins at 1301 Surf Avenue in Coney Island, Brooklyn

Work has begun on the renovation and hotel conversion of the Coney Island Shore Theater, a seven-story historic building at 1301 Surf Avenue in Coney Island, Brooklyn. Designed by Gerner Kronick + Valcarcel Architects and developed by PYE Properties, the project will transform the derelict 98-year-old structure into a hotel with guest amenities and ground-floor retail space. The property is located at the corner of Surf and Stillwell Avenues and has sat abandoned since the early 1970s.

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