Entries from Gothamist tagged with 'joesitt'
September 10, 2008
Could it be that Reverend Billy prematurely administered last rites to Astroland, that highly romanticized jumble of third-rate county fair rides? After yesterday's report that unnamed officials were trying to broker a deal between Astroland owner Carol Albert and developer Joe Sitt (to whom she sold her 3 acres of property for $30 million in 2006), Mayor Bloomberg has now publicly entered the fray. Hizzoner told reporters yesterday that it "would be a shame if......
Continue Reading "Now Bloomberg Trying to Save Astroland Too"September 9, 2008
Well, forget about getting any closure; less than 48 hours after Coney Island amusement park Astroland supposedly shut down forever, city officials are working behind the scenes to try and keep it alive. The Daily News hears buzz from an unnamed official that if property owner Joe Sitt can be convinced to temporarily extend Astroland's lease, the city will agree to lease land to Astroland owner Carol Albert if and when a controversial plan for......
Continue Reading "Astroland to Come Back From Dead Again?"November 8, 2007
Another over-the-top Coney Island development proposal is in the works. Mayor Bloomberg unveiled a plan today to build the nation's biggest urban amusement park there, including 4,500 residential units (20 percent are set-asides for low- and middle-income housing) and some retail establishments. The proposal basically spells doom for Thor Equities' $1.5 million Vegas-style entertainment complex that can only get built if the city provides zoning for it. Don't worry, the Cyclone isn't going anywhere.......
Continue Reading "Hello, New Coney Island (Again)!"September 9, 2007
Time for everyone to say good-bye to Coney Island, as the 2007 season for Astroland's "Big Park" and Cyclone ends today (the kiddie park will be open through mid-October). And with real estate developer Thor Equities and the city battling it out over Coney Island's future, it's unclear whether the park will reopen next year. Today at noon, there will be a demonstration to urge Thor to extend the Astroland lease. In an AP article,......
Continue Reading "Today is the Last Day of Coney Island's 2007 Season"June 22, 2007
Hold on, hold on. After yesterday's reports that City Councilman Domenic Recchia was working on a deal to keep Coney Island's Astroland amusement park in place for the 2008 season, it turns out that the negotiations may have hit a snag. AM New York reports that Astroland has not received a lease extension. Owner Carol Albert said, "Of course, if Thor Equities wishes to provide a lease, under reasonable terms, Astroland would be very......
Continue Reading "No Deal (Yet) to Keep Astroland Around for 2008"April 3, 2007
While it just opened for the season on Sunday, it looks like Astroland has a chance at staying open beyond the 2007 season. That's if Thor Equities, the company that purchased the land Astroland sits on, doesn't get its way on development plans. Astroland's status now depends on whether there are any delays to Thor's future plans. Joe Sitt of Thor told The Post that he's "willing to keep Astroland open" and "the last thing......
Continue Reading "Coney Island Developer May Offer Reride"March 26, 2007
As Thor Equities gets closer to sinking its teeth into developing/redeveloping there, Astroland will open up again for its last season this weekend. Astroland owners sold the property to Thor last fall and Carol Hill Albert said back in November, "It's not something we're happy about; it's sad. It was the only logical alternative to going out of business altogether." Now, Albert tells the NY Sun, "I think [Thor Equities founder] Joe Sitt has......
Continue Reading "Last Season of Old Coney Island"
