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Over the past few years, Thor Equities has quietly spent nearly $100 million buying up a huge swath of Coney Island from multiple owners.
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Over the past few years, Sitt’s real-estate company, Thor Equities, has quietly spent nearly $100 million buying up a huge swath of Coney Island from multiple owners, painstakingly overtaking perhaps twelve acres of land along the boardwalk, mostly between KeySpan Park, home of the Cyclones, and Deno’s Wonder Wheel Amusement Park.
There has been a lot of discussion/worry on the CIUSA board on the possibility of moving the Cyclone to closer to the parachute drop and future home the of B&B, but I would highly doubt this would happen.
jimvid
I'm very excited to see Coney Island turn around, I just really hope that it doesn't become an eyesore because it is so different from the rest of New York City.
Seriously, the area looks better as it is. Make this man and his Freakenspiel and his blimps (blimps?!) go away.
There is a map of the area in question at http://www.coneyisland.com/img/mp2004_map.gif for those that have never been there. If at all possbile, I would highly recomend it. It is not Cedar Point, but it is wonderful for the historical aspect. I was there a few months before they tore down the Thunderbolt (wich was where Keystone Park is).
If you go, make sure to see the Sideshow by the Seashore. One of the last remaining freak shows in the country. I love the nostalgia.
1eJ
*** This post was edited by 1EyedJack 9/20/2005 4:49:23 PM ***
BLASPHEMY!!!
Classic Coney Island just doesn't have the economic clout to make a come-back. The good old days are long gone. The vegas styling has great potential, especially if he adopts a key Vegas feature - free valet parking. The indoor waterpark would be a significant NYC attraction, especially if valet, heated indoor parking, and a heated subway connection were included in the proposal.
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