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Tredway Announces the Acquisition and Preservation of 816-Unit Sea Park Apartment Community in Iconic Coney Island, New York

NEW YORK, NY - Tredway, an affordable and mixed-income real estate developer focused on building and preserving high-quality, high-opportunity attainable housing, in partnership with Gilbane Development Company and ELH Mgmt announced the acquisition of Sea Park Apartments, an 816-apartment, three-building affordable property located between Surf and Neptune Avenues in Coney Island, Brooklyn.

ARIEL PROPERTY ADVISORS ARRANGES SALE OF SEA PARK AFFORDABLE HOUSING PORTFOLIO IN CONEY ISLAND

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Tredway Plans Expansion at Newly Acquired Coney Island Community

Following its first Brooklyn deal, the firm will add a major affordable component for seniors. Tredway is expanding an existing affordable housing community it has purchased in Brooklyn’s Coney Island neighborhood.

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