If you want to live in a waterfront apartment tower within walking distance of the world's most famous hot-dog eating contest, iStar, the real estate investment trust, will soon have a place for you.
The REIT has filed plans to build a 23-story, 282-unit apartment tower next to the Coney Island Amphitheater a block from the beach.
The new multifamily on the boardwalk isn't iStar's first venture at Brooklyn's barrier island beach. iStar build the 5,000-seat amphitheater in 2016 in a partnership with NYC's Economic Development Corp. and ticketing service LiveNation.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.