Coney Island With A Brooklyn Attitude!

Tuesday, December 23, 2008

Is Thor forcing the city's hand on zoning?

While MAS and CI CLEAR are voicing their opinions on Coney, we may very well be entering a period where rezoning is finally coming to fruition. Thor owns most of the prime land and the leases. The CIDC was established in 2003 and the city still has not completed rezoning entering 2009. The Planning commission has a summer/fall 2009 goal for completing rezoning listed on its website.

Will Thor have the land sit vacant until the city finally rezones? What is holding up the rezoning process for this many years and is Thor going to force the city's hand now with vacancies??? 2009 will be an interesting year.

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