The latest attempt to stop the hotels in Coney

Just as anticipated, as demolition work is beginning, the preservation groups are trying to stop it. They will obviously fail again -

NY Observer excerpts

All of this comes as the State Office of Parks, Recreation and Historic Preservation gave the area a Determination of Eligibility as a historic district, a designation that might enable landlords to qualify for tax credits to develop in the area while incorporating the existing historic structures.

That, however, might not be of much use, should the wrecking ball indeed make its way to Coney.

Mr. Sitt, however, had his own plans, and, from his perspective, it might be easier to ready his prime land for any eventual large-scale development (read: amusement-themed hotel) without the old buildings, and the looming threat of landmarking protections.

http://www.observer.com/2010/real-estate/sitt-readies-coney-demolitions