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The city’s plan for the revival of Coney Island’s historic amusement and entertainment area is now wending its way through the public approval process. But the Bloomberg administration fears that Mr. Sitt, who has in the past put forward his own billion-dollar proposal, will subvert its effort with the help of his childhood friend, City Councilman Dominic M. Recchia Jr., when the matter reaches the Council later this year. In the meantime, neither Mr. Sitt, chief executive of Thor Equities, nor the Bloomberg administration wants to be blamed for turning Coney Island into desolation row this summer.
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