A real estate developer who funneled tens of thousands of dollars to Eric Adams’ successful mayoral campaign four years ago is set to take over a city-owned lot in Coney Island, raising questions about the selection process.

The company Rybak Development, run by CEO Sergey Rybak, was selected to develop the lot, located a block from the beach, by the New York City Economic Development Corporation, an entity overseen by the mayor. The firm plans to build a high-rise with 505 apartments at the site by 2030, with a quarter of the units reserved for low- and middle-income renters under city rules, according to a project description.

Rybak has a track record of building in and around Coney Island. He was also an early supporter of Adams’ mayoral bid, eventually compiling more than $28,000 fro

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