Revamped Trump Village Rental Towers in Coney Island Launch
Two 23-story rental buildings at the 1960s-era Trump Village in Coney Island have been completely gut renovated and rebranded and just hit the market. Rents start at $1,500 for studios, $1,650 for one-bedrooms and $2,332 for two-bedrooms. Many of the 880 apartments at the renamed Shorecrest Towers had been rent stabilized. Andres Escobar handled the interior design. Now the apartments have stainless steel appliances, oak floors,…
Two 23-story rental buildings at the 1960s-era Trump Village in Coney Island have been completely gut renovated and rebranded and just hit the market. Rents start at $1,500 for studios, $1,650 for one-bedrooms and $2,332 for two-bedrooms. Many of the 880 apartments at the renamed Shorecrest Towers had been rent stabilized.
Andres Escobar handled the interior design. Now the apartments have stainless steel appliances, oak floors, high-gloss white lacquer cabinets and marble floors in the bathrooms. The lobbies, hallways, roof deck and lounge are also getting upgrades. Aptsandlofts.com is marketing the two towers at 2940 and 3000 Ocean Parkway.
Donald Trump’s father, Fred C. Trump, built the seven-building complex along the Coney Island waterfront in 1964, according to the Times. These two buildings on Ocean Parkway had always been rentals, and the other five consisted of affordable co-ops in the Mitchell-Lama program, where owners can now sell their apartments for big profits at market rates. Meanwhile, two blocks away on Neptune Avenue, the Trump Village shopping center connected to this development is slated to be replaced by a 40-story apartment tower, which locals strongly oppose.
Click through to see interior renderings. What do you think of the look, location and pricing?
Shorecrest Towers [Official] GMAP
Shorecrest Towers Listings [Aptsandlofts.com]
Miserable 1971, you pretty much described it, but I would like to add that the affluent part of the Coney Island is not all fraud money-I personally know a few families who could afford living in a classic 7 on Park Avenue, yet, they chose to live in Oceana to be closer to their parents and grandparents. I was personally baffled when people started buying in the Oceana, that was until I became a parent myself and realized that I like to have my folks nearby-like free babysitting and home-cooked meal graciously offered by parents while we work crazy hours in the corporate America and heck, when my kids grow up, I don’t want them to move too far, or if they do, I am moving with them! Family ties are very strong in the community, probably shaped by the fact that several generations used to live in one apartment back home, so it’s hard to break 🙂
This is an improvement to what it used to look like. But talk about A Tale of Two Cities; Coney Island is pretty much a East to West coastal stretch. On the east, you have a thriving upscale mostly Russian side stretching from Manhattan Beach to Brighton Beach. On this side you will find hot Russian women tooling around in their Luxury SUV’s, sporting designer fur coats and luxury accessories. This is also where there is rampant medicaid and welfare fraud. You can watch a woman leave her Manhattan Beach mansion and pickup groceries using her EBT card. The two Trump’s buildings mentioned in this post had almost no non Whites tenants. Coincidence?
The west end, most of us refer to as Coney Island is a dump in comparison. There are plenty assisted living homes, shelters, housing projects and mental facilities sprinkled along the Beach front. This has to be one of the lowest income areas in Brooklyn. Most of the residents are either Latino or Black(plus a handful of older Russians)
All other things aside, that’s still a lot of money to be paying in rent for a 45-60 minute commute on a good day. It’s not like you’ll get a lot of “city” conveniences in Coney Island. I have to say, I know things have changed a lot recently, but just ~3 years ago I paid 2400 for a proper 2 bedroom rental on the UWS. Now that same money buys Trump Village? LOL. Good thing I bought.
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That said, there is a point about the Russians and Chinese out this way. Prices are going up and it has nothing to do with hipsters or “gentrification” as we typically refer to it.
No, they are not trying to market it to the younger crowd in order to attract hipsters. There are plenty of young Russian families with kids that prefer to stay in the area to be close to their parents and grandparents, so they would love to live in the Trump Village. The price for studios is a bit ouch, though, but for two-bedrooms, it’s not too bad. South Brooklyn rent has not gone up as much as the North Brooklyn, and you can still rent a very decent one bedroom for less than $1,500, the Trump Village, however, holds a certain cachet as it has community-style living-playgrounds, green spaced between the buildings, huge and clean laundry in the building.
who wants to live in Coney Island?
“Rents start at $1,500 for studios, $1,650 for one-bedrooms and $2,332 for two-bedrooms. ”
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Y’all won’t be happy until all of Brooklyn is UNAFFORDABLE!!!!!
Guess what?! We can spend all of our income on Housing and forget about discretionary spending!
Who needs Food and Clothing?! The Glow from our Houses will provide everything!!!
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The What (Here comes the Fucktards)
Someday this war is gonna end…
Agreed, but I was addressing the general sentiment that Manhattan-commuting professionals or hipsters were the target here.
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That said, it’s still 40 min to Downtown BK by train. Of course lots of people commute to non-central locations for work, but it’s just a different audience (usually with different wallets).