Georgica Green Ventures and Concern for Independent Living are planning a massive redevelopment of a 170,000-square-foot vacant lot at the corner of West 21st Street and Surf Avenue, fronting the historic Coney Island boardwalk. Named Surf Vets Place, the complex will usher in hundreds of new residential units to the former amusement site that was rezoned for residential and commercial use by the Bloomberg administration in 2009. Permits were filed this past April for the initial phase of the project, which is a 9-story building at 2002 Surf Avenue. City documents reveal there will be a total of 135 residences split between affordable and supportive housing units.
According to a document detailing potential financing sources, the initial phase of development will hold 7,000 square feet of retail and commercial space, 82 apartments for homeless veterans, and 52 affordable apartments for households earning below 60% of the area's median income. In June, an article from Crain's noted that many housing nonprofits have sought to better integrate vulnerable populations within the existing community.
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