The New Coney Island - Brooklyn's Times Square by the Sea

Tuesday, March 27, 2012

Zamperla/CAI won the Jones Walk RFP

Found that out at the CIDC meeting. I hope they end up entering and winning the Steeplechase Plaza Carousel Pavalion RFP as well. Tom's has plans to stay open through December on the boardwalk this year. They will eventually have rooftop dining as well. Grimaldi's should be coming sometime this summer to Surf and it looks to be open during the winter as well. Ruby's is going to put in a heating system with future plans to go year round as well.

And Sky Coaster will send people "flying" over the Boardwalk. Wow!

New Coney Entrance

NY Post excerpt -

The new, 75-foot-wide entrance will be filled with many plantings, bike racks and seating.

It will be covered in a smooth blue pavement comprised of a heat-resistant material made from recycled glass and cement.

Kyle Sklerov, a spokesman for the city’s Economic Development Corp., said the plan would create a “more welcoming experience” for visitors while “improving pedestrian access to all of Coney Island’s amusements, as well the [New York] Aquarium and the boardwalk.”

The bridge, which many community groups consider an eyesore, would have cost millions of dollars to replace and is too costly to maintain, he said.

The city expects to raze the bridge in November after this summer’s amusement season.

The new entrance would then be completed by summer 2014, but beachgoers in the interim would still be able to reach the amusement district's boardwalk via local side streets or walking to the 125-foot-wide Stillwell Avenue gateway.

The project is being paid for with $8 million in city funds and $3 million in federal funds secured by Rep. Jerrold Nadler (D-NY).

http://www.nypost.com/p/news/local/brooklyn/new_coney_entrance_just_beachy_wWfz16beZHXqvf906SvfiM


Friday, March 23, 2012

CIDC Board of Directors Meeting

NOTICE OF
MEETING OF MEMBERS
AND
MEETING OF DIRECTORS
OF
CONEY ISLAND DEVELOPMENT CORPORATION
MARCH 27, 2012

A meeting of the Members and a meeting of the Board of Directors of the Coney Island Development Corporation will be held on Tuesday, March 27, 2012, at Education Hall at the New York Aquarium, Surf Avenue and West 8th Street, Brooklyn, New York 11224. The meeting of the Members will begin at approximately 6:00 p.m. with a presentation regarding the Coney Island Ferry Feasibility Study and will be followed by the meeting of the Board of Directors at approximately 6:30 p.m.

http://www.thecidc.org/About/Documents/BoardofDirectorsNotice_03.27.2012.pdf

Tuesday, March 20, 2012

Brooklyn Daily on Coney Casinos

Excerpt

Casino lovers: Build a Boardwalk Empire on Coney Island


“A casino would bring jobs and development,” said resident Ralph Sternblitz. “It’s a good idea.”

And Assemblyman Alec Brook-Krasny (D–Coney Island), who voted for the gambling bill, said the amusement area would benefit from a casino.

“Coney Island could be a great candidate,” he said. “If residents really want it I’ll push for it as an economic development piece.”

Borough President Markowitz is also a big fan of bringing casinos to Coney Island — and floated a plan to turn Coney into a gambler’s paradise back in January.

“If serious discussions begin on bringing a casino to New York City, Coney Island is a natural and should be part of any proposals on the table,” Markowitz said last week.

http://www.brooklyndaily.com/stories/2012/12/all_casinoupdate_2012_03_23_bk.html


Thor is still buying in Coney!!!

Amusing the Zillion has the Eldorado sale story here

http://amusingthezillion.com/2012/03/20/60-years-of-family-history-in-coney-island-end-with-sale-of-eldorado/
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Now my analysis on this transaction. You look at the properties Thor has assembled on Surf Avenue - Henderson lot, Eldorado, former Bank Building land, Grashorn building and you see a pattern. 2 plots zoned for hotels and 2 zoned for amusement/retail/restaurant. He also has more Stillwell land zoned for entertainment retail. Couldn't these all be packaged into one big sale, after infrastructure is complete, to perhaps a big Casino hotel and restaurant chain?

Here is to hoping this turns into a year round blockbuster hotel/entertainment complex one day! Love it! Would turn Coney into some winter destination as well. Right along the lines of the CIDC mission statement.

Saturday, March 17, 2012

Big Year Round News - Grimaldi's!!!

NY1 -

Grimaldi's Pizzeria, one of the city's most popular pizza places, is opening up a second Brooklyn location at Coney Island.

The restaurant, known for its long lines in DUMBO near the Brooklyn Bridge, is now building a new eatery on Surf Avenue across from the entrance to Luna Park.

It has been ranked as the best pizza in New York by Zagat and is expected to help Coney Island's development into a year-round destination.

Video here -

http://brooklyn.ny1.com/content/top_stories/157797/grimaldi-s-to-open-coney-island-location

Monday, March 12, 2012

Boardwalk makeover approved

NY Daily News -

The city got the nod Monday for its controversial plan to give the Coney Island Boardwalk a concrete and fake wood makeover.

The Design Commission voted to approve rebuilding the chunk of the Boardwalk from Brighton 15th St. to Coney Island Ave. with a strip of concrete down the middle and plastic lumber on either side.

The $7.4 million project could be used as a model for eventually rebuilding the rest of the iconic 42-block stretch, except for a small area in the Coney Island amusement district.

Sunday, March 11, 2012

Boardwalk decision meeting

WSJ excerpt -

A plan to replace Coney Island's rickety wooden boardwalk with plastic and concrete gets a final hearing Monday, in a debate that's divided the community over the summer getaway's changing image.

The New York City Department of Parks and Recreation wants to replace a section of the current wooden boardwalk with concrete and a recycled plastic wooden look-alike, which it says will be significantly cheaper to maintain and last longer than wood. But opponents say that a boardwalk made of concrete will be charmless and impractical.

The Public Design Commission of the City of New York, which oversees, among other things, landscape architecture on city-owned projects, will meet to discuss the proposal on Monday. Its approval is the last step needed to move forward with the new boardwalk.

http://online.wsj.com/article/SB10001424052970204603004577271940122109760.html

Thursday, March 1, 2012

Zamperla signs 15 year Cyclone deal

Looks to include on-site food concessions as well -

NY Post -

The city deal with Zamperla will net taxpayers roughly $3.5 million over 15 years, and includes options to expand operations with on-site food concessions and other amusements, officials said.