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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.

New yorkUnited statesConey islandNed broderickShimon shkuryBenjamin vagoRemi mandellVictor sozioDeutsche bankCommunity renewalYork city department of housing preservationGilbane development companyHousing finance agencySea park apartmentsNeptune avenuesSea park

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.

New yorkUnited statesConey islandBenjamin vagoVictor sozioMarko tataracRemi mandellHudson cosParker cosShimon shkuryYork city department of housing preservationGilbane development coMutual housing association of new yorkYork state housing finance agencyCommunity renewalDeutsche bank

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