BFC Partners, one of New York City's most celebrated and active affordable housing developers, today held a groundbreaking at ...

Mayor Eric Adams on Monday helped break ground on an all-affordable apartment tower in the shadow of Coney Island’s famed ...

After two apartment buildings housing nearly 2,000 residents went up nearby, Brooklyn-based BFC Partners broke ground today ...

BFC Partners, a Brooklyn-based real estate firm, started construction on Coney Phase III, which will add 420 affordable ...

CONEY ISLAND — BFC Partners recently obtained a $250 million construction loan to continue work on its three-building, 1,242-unit Surf Ave. affordable multi-use complex, reports Multi-Housing News.

The second phase of the Coney Island projects,1607 Surf Avenue, was completed in 2024 and its 376 units are nearly 100% leased and occupied.

About a week after BFC Partners teamed up with New York City to complete a Coney Island mixed-use affordable housing development, the developer has landed a $250 million loan.

BFC Partners secures $250 million loan for final Coney Island tower, adding 420 affordable units. Project brings 1,200-plus homes and $700 million investment.

BFC Partners Close On $250M Construction Loan at 1709 Surf Avenue, Capping Off Transformation of Historic Coney Island Thoroughfare With Third New Building and a Nearly $700M Investment BFC ...

BROOKLYN, N.Y., June 27, 2025 /PRNewswire/ -- BFC Partners today closed on a construction loan for 1709 Surf Avenue, the third and final phase of their three-building project along Surf Avenue in ...

The Eric Adams administration is partnering with BFC Partners on a 420-unit affordable housing development at 1709 Surf Avenue in Coney Island, with the city providing $90 million in subsidies.