New York City has committed more than $1 billion to a major reconstruction of the Coney Island shoreline, advancing a long-term plan to strengthen climate resilience, expand housing, and modernize public infrastructure along the historic waterfront. The announcement was made by Mayor Eric Adams alongside NYC Parks and the New York City Economic Development Corporation (NYCEDC).
“Coney Island is home to thousands of hard-working New Yorkers… and that’s why our administration is committing $1 billion to rejuvenate America’s playground and build a better Coney Island,” Adams said. The investment includes the full reconstruction of the 2.7-mile Riegelmann Boardwalk, upgrades to streets and sewers, and public-realm improvements across the peninsula.

The plan also calls for 1,500 new mixed-income housing units along the waterfront, with 25 percent designated as affordable. In parallel, the city will invest $42 million to renovate the Abe Stark Sports Center, a long-standing community hub. “With this investment, we are going to deliver 1,500 new mixed-income homes… and restore the over 100-year-old Riegelmann Boardwalk to its former glory,” Adams added.
NYC Parks Commissioner Iris Rodriguez-Rosa emphasized the project’s climate focus, noting that “as climate change continues to cause more extreme weather events and rising sea levels, we’re investing in our public spaces across the city to ensure resiliency while enhancing what New Yorkers love about them.”
NYCEDC President and CEO Andrew Kimball said the investment builds on broader redevelopment efforts in the area, calling it “exactly the kind of investment Coney Island deserves, making the boardwalk safer, more accessible, and more resilient for generations to come.”
City officials said the initiative aligns with New York City’s wider housing, infrastructure, and climate-adaptation strategy, positioning Coney Island for long-term economic and community resilience.