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Now It Begins

The New York Press may have jumped the gun back in 2005 by saying that “by summer 2006 much of Coney Island will be gone, and gone forever”, but it looks like that prognosis finally will come to pass:

Close the Zipper and shoo the Spider.

Those amusement rides — along with go-carts, batting cages and carny games — have been ordered out of a Coney Island site as redevelopment begins.

“Everybody’s heartbroken,” said Eddie Miranda, who has owned the W. 12th St. rides, including the Zipper and the Spider, for eight years. “We were all hoping for one more season.”

Eight renters received notice last week from their properties’ new owner, developer Thor Equities, telling them to be out when their leases expire Dec. 31.

Six tenants are in the Henderson Building on Stillwell Ave., a turn-of-the century structure that once housed a dance hall and hotel. The other two are are along W. 12th St. and Stillwell Ave. Combined, they operate more than a dozen businesses.

. . .

The redevelopment plan calls for a new promenade on Stillwell Ave. along with residential, entertainment and amusement components, Thor Equities spokesman Lee Silberstein said.

“The effort to transform Coney Island and recapture its past glory involves the demolition of a number of existing structures,” Silberstein said. “Therefore, to allow the new development to proceed in a timely manner, occupancy agreements with some of the tenants are not being renewed.”

Then again, it could just be a matter of perspective:

Some beloved Coney Island boardwalk mainstays — facing the bulldozer because of a proposed $1.5 billion renovation project — are getting a reprieve, The Post has learned.

Thor Equities — which purchased 10 acres of waterfront land hoping to create a glitzy amusement complex — said yesterday that 11 boardwalk businesses would be allowed to remain open at least one more summer.

Thor spokesman Lee Silberstein said the attractions — including Ruby’s Bar and Grill, Cha-Cha’s and Shoot the Freak paintball — will be given the opportunity to move into the proposed complex.

Location Scout: Coney Island.

Posted: October 26th, 2006 | Filed under: Brooklyn, Real Estate, There Goes The Neighborhood
The Price Of Salving New York’s Architectural Conscience Is An Uninspired Matchbox (And $1 Billion!) »
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