Images courtesy of LCOR

New York City’s first multi-family geothermal project has topped out in Coney Island. The residential development at 1515 Surf Avenue will include 463 apartments, of which 139 will be designated as affordable. The building’s geothermal system will use the Earth to heat and cool the property and power its water systems, eliminating the need for equipment that would run on fossil fuels.

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All renderings courtesy of LCOR

After 15 years of delays, the plan to revitalize the southern end of the Hoboken waterfront is officially moving ahead. Mayor Ravi Bhalla on Thursday signed a redevelopment agreement that paves the way forward for Hoboken Connect, a mixed-use development that includes new office space, housing, and public open space near the transit hub Hoboken Terminal.

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All renderings courtesy of LCOR

After 16 years of deliberation, plans to revitalize Hoboken’s waterfront are moving forward. New Jersey Transit, the City of Hoboken, and developer LCOR on Wednesday released new renderings of Hoboken Connect, a mixed-use transit project that aims to bring major investments to the city. The development will include a 20-story office building with retail, a 389-unit residential property with 20 percent of the units affordable, public open space, and the renovation of transit infrastructure and buildings like the historic Lackawanna Terminal. The project is currently under review by the city and is pending redevelopment agreement approvals, which could be decided next month.

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Renderings courtesy of LCOR

Real estate developer LCOR last week filed plans with the city to bring a 461-unit residential project to Coney Island. Located about a block from the beach and boardwalk at 1515 Surf Avenue, the proposed 16-story development will rise on the parking lot of Gargiulo’s Restaurant, a 100-year-old neighborhood staple. Gargiulo’s owner Louis Russo agreed to a 99-year ground lease for the lot late last year.

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