{"id":3974,"date":"2008-11-17T11:02:38","date_gmt":"2008-11-17T16:02:38","guid":{"rendered":"https:\/\/www.bridgeandtunnelclub.com\/blog\/?p=3974"},"modified":"2008-11-17T11:02:38","modified_gmt":"2008-11-17T16:02:38","slug":"no_quip_no_pun_no_smirky_comment","status":"publish","type":"post","link":"https:\/\/www.bridgeandtunnelclub.com\/blog\/archives\/2008\/11\/no_quip_no_pun_no_smirky_comment.html","title":{"rendered":"No Quip, No Pun, No Smirky Comment . . ."},"content":{"rendered":"

. . . instead, just where the fuck is all this money coming from<\/a>? I thought there was a huge fiscal crisis:<\/p>\n

The Bloomberg administration is in serious negotiations to buy 10.5 acres of real estate in Coney Island that once appeared unobtainable — a move that would save both Astroland Park and the mayor’s plans to revive the slumping seaside amusement district, The Post has learned. <\/p>\n

Developer Joe Sitt is ready to give up his controversial plan to build a $1.5 billion Vegas-style entertainment complex, which the mayor wants no part of, and instead sell all of the beachfront land he’s purchased to the city. <\/p>\n

“God willing, we will get this done soon,” said Councilman Domenic Recchia Jr., who convinced both Sitt’s company, Thor Equities, and the city to go to the bargaining table and is helping broker the deal. <\/p>\n

While a price is still being negotiated, it is expected that the city would have to shell out $200 million to $250 million for the land, sources close to the negotiations said. <\/p>\n

Recchia said the mayor wants the deal done quickly so the city can finally get going on Bloomberg’s 47-acre rezoning plan for Coney Island, which includes building a nine-acre amusement park. <\/p>\n

By purchasing Sitt’s land, the city would become owner of 3.1-acre Astroland Park, which is the process of closing because Sitt failed to renew its lease. <\/p>\n

Recchia said the mayor “is committed to bringing back Astroland,” at least for next summer.<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

. . . instead, just where the fuck is all this money coming from? I thought there was a huge fiscal crisis: The Bloomberg administration is in serious negotiations to buy 10.5 acres of real estate in Coney Island that once appeared unobtainable — a move that would save both Astroland Park and the mayor’s […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,68,62,38],"tags":[],"class_list":["post-3974","post","type-post","status-publish","format-standard","hentry","category-brooklyn","category-follow_the_money","category-followed_by_a_perplexed_stroke_of_the_chin","category-i_dont_get_it"],"_links":{"self":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/3974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/comments?post=3974"}],"version-history":[{"count":1,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/3974\/revisions"}],"predecessor-version":[{"id":3975,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/posts\/3974\/revisions\/3975"}],"wp:attachment":[{"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/media?parent=3974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/categories?post=3974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bridgeandtunnelclub.com\/blog\/wp-json\/wp\/v2\/tags?post=3974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}