With a deal to sell some of his prime Coney Island boardwalk real estate to the city stalled, developer Joe Sitt is moving to snatch up more land in an attempt to build a controversial entertainment-amusement-hotel complex. Kansas Fried Chicken king Horace Bullard tells the Post that he's "leaning toward" selling the former Thunderbolt roller coaster site to Sitt for $91 million. Those three acres would tighten Sitt's grip on most of the land stretching from Keyspan Park to the Cyclone. more ›

The New York City Economic Development Corporation has reached a deal to buy the roughly one acre of parcel of land occupied by Deno’s Wonder Wheel kiddie park in Coney Island. Gowanus Lounge has the press release from the NYCEDC with details about the purchase, which is part of the city's controversial plan to rezone 12 acres of amusements as parkland and turn the management over to a "world class operator." Last May the Vourderis family, which owns the Wonder Wheel ride and other amusements, worried the city would force them to turn over control of the landmark Ferris wheel. UPDATE: The Village Voice stresses that the deal is for the kiddie park adjacent to the Wonder Wheel property, which the Vourderis family still owns. Now they will lease the property for the kiddie park through 2020. “We are delighted with the news that the city … will be our landlord,” said Dennis Vourderis in a statement. more ›

Governor Spitzer is facing opposition in his attempt to snuff out any Javits Center expansion by selling land surrounding the center to fill budget gaps. The administration still plans to renovate the convention center, but it will result in far less space than what was originally envisioned for the expansion, which would have cost between $1.8 billion and $3 billion. Senator Charles Schumer, Mayor Bloomberg and City Council speaker Christine C. Quinn oppose the land sale, which would effectively eliminate the possibility of any future expansion. more ›