Results tagged “sitt”

.The Coney Island Cyclone may be getting some competition. The NY Post reports that city officials want a new roller coaster added to the destination spot. That would be just one of many new amusements if a city-appointed panel gets their wish list. "The panel said 12 acres along the fabled boardwalk is sufficient space to build 30 new major amusements, including a roller coaster with a drop tower, water rides, a House of Horror, other thrill rides, and rides suitable for kids." And, uh oh, the panel also said that the city shouldn't get stuck on preserving artifacts from the historic Coney, but rather come up with ways to entice visitors. Still, might be better than leaving much of the area vacant as Thor Equities Joe Sitt and the city have their little turf war.

The Bloomberg administration made another offer to developer Joe Sitt yesterday to buy roughly 10 acres of Boardwalk property, which the city would like to designate park land for an amusement district. Negotiations between Sitt and city officials have been stalled since November, when the developer shrugged off a $110 million offer; it's believed Sitt spent some $93 million acquiring the land, and hopes to flip it for twice that. So you can imagine how he responded to yesterday's $105 million offer, which was less than what the city previously floated, and based on declining land prices in Brooklyn. Speaking to City Room, Sitt's lawyer sarcastically remarked, "We won’t talk to them until they come down to $100 million."

It's that time of year again, when, with a regularity that rivals the swallows' return to Capistrano, the operator of the Astroland amusement area on Coney Island stares into her future and beholds a murky void. The tradition, which dates all the way back to 2007, is deeply troubling for Carol Albert, who has no idea whether developer Joe Sitt will renew her lease on the land that Astroland has occupied for 46 years. Sitt's company Thor Equities bought the property two years ago.

Last night’s Coney Island Public Scoping Meeting was the place to be, as activists like political performance artist Reverend Billy turned the meeting into a carnival, leaping up on a chair with repeated cries of “Coney-lujah!” Musician Amos Wengler stood up to croon his anthem “Save Coney Island,” and Savitri D., the Mermaid Parade queen who had been on a hunger strike since Saturday to spotlight the meeting, passionately derided the city’s latest proposal for Coney Island.

A nosy Post reporter may have cost Coney Island “Mayor” Dick Zugin his free apartment in a building he purchased with a 3.6 million grant from the city. Zigun runs his Coney Island USA sideshow and museum out of the Surf Avenue building, which the city helped his group buy last year. But when confronted with documents that report the address as his residence, Zigun admitted that he’s also been illegally living there, albeit humbly on a convertible sofa.

Last month the city announced that the space dedicated to amusements in the latest Coney Island rezoning plan would be cut from 15 acres to 9 acres. City officials explained that the downsizing was necessary to accommodate “local landowners” – the biggest of those is developer Joe Sitt, whose glitzy plans were previously derailed by the city for the express purpose of devoting larger space for the amusement park.