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Rybak Builds 500 Units in Coney Island | Real Estate News
Description
Rybak Development is set to revolutionize Coney Island with Tilyou Towers, a 28-story residential giant rising from a city-owned parking lot—delivering over 500 luxury apartments and retail space, defying the usual 99-unit cap to unlock economies of scale and maximize tax incentives. With spacious 950-square-foot units, hundreds of parking spots, and construction slated to begin in Q2 2027, this bold move signals a major leap in urban revitalization—and Rybak’s growing footprint in the neighborhood.
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