New York City trying to buy 10 acre Coney Island property from Thor Equities

Posted | Contributed by Jeff

The city is ready to write a $105 million check for property that would complete its vision of a Coney Island makeover. The deal, which would cap more than a year of prickly negotiations between the city and Thor Equities, would be for 10 acres the developer acquired over the past five years for a total of $93 million, officials said. Thor says it's not interested.

Read more from The New York Daily News.

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