The Gowanus Lounge: Is Coney Island the New Atlantic Yards and Joe Sitt the New Bruce Ratner?:
The interesting thing is that Deno's Wonder Wheel Park sits between Sitt's other properties and Astroland. Is that the next shoe to drop? Will Deno's end up hemmed in by Sitt projects like the proverbial building whose owner refused to sell surround by highrises? Will the only things left of the past in Coney Island be the Cyclone, Wonder Wheel and Parachute Jump, the equivalent of those big, old signs that are preserved when the factories to which they were attached are torn down? Will Thor use preserving Astroland as an amusement park as the bargaining chip to get the zoning changes to allow boardwalk condo towers? Is the grand plan--as cynics have suggest--to turn Coney Island into an absolutely desolate ghost town by the end of next year to pressure quick action on their plans?