2727 Surf Avenue

Owner: Tredway

Acquired: June 13, 2023, $60.1 million

Debt: June 30, 2025, $200 million

Built: 1970

SF: 453,758

Dwelling units: 332

No. of buildings: 3

Class: Fireproof – With Stores (D6)

Floors: 24

HPD Ownership Registration Information

Last registered: 2022-08-16 (expires 2023-09-01)

Transactions:

• Tredway and Gilbane Development and ELH Mgmt. and Brookfield Asset Management borrowed $200 million from Deutsche Bank for 2966 West 28th Street, 2930 West 30th Street, 2828 West 28th Street, and N/A West 28th Street, Coney Island, Brooklyn on June 30, 2025.

• Company sold 2966 West 28th Street, Coney Island, Brooklyn for $0 to company on June 13, 2023.

• Company sold 2966 West 28th Street, Coney Island, Brooklyn for $0 to company on June 13, 2023.

• Arker Companies and Related Companies sold 2966 West 28th Street, Coney Island, Brooklyn for $60.1 million to Tredway and Gilbane Development and ELH Mgmt. and Brookfield Asset Management on June 13, 2023.

• Arker Companies borrowed $36.6 million from Merchants Bank of Indiana for 2966 West 28th Street, Coney Island, Brooklyn on September 14, 2022.

Development:

• Larry Hirschfield filed plans for alteration in Coney Island, Brooklyn, on February 15, 2023.

• Larry Hirschfield filed plans for alteration in Coney Island, Brooklyn, on May 20, 2024.

• Larry Hirschfield filed plans for alteration in Coney Island, Brooklyn, on May 01, 2024.

• Abbas Malik filed plans for alteration in Coney Island, Brooklyn, on April 04, 2024.

• Larry Hirschfield filed plans for alteration in Coney Island, Brooklyn, on February 14, 2024.

Violations:

According to city public data, the properties have received seven DOB violations, $20,425 in ECB penalties, 321 housing violations, $29,585 in OATH penalties, and four housing litigations in the last year.

Latest Stories:

• Tredway, Gilbane Development, ELH Mgmt. pay Arker, Related $150M (June 14, 2023)