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

Sunday, February 23, 2014

DeBlasio meets with developers

Daily News excerpt -

Get ready for even taller skyscrapers and more densely packed neighborhoods.

Mayor de Blasio told a closed-door meeting of real estate barons Wednesday that he has no “hangup” about allowing them to supersize their developments if it means creating more affordable housing.

“As we get to know each other . . . I hope people hear me loud and clear that the only way I can achieve my goals is if we are building and building aggressively,” he said.

“I’m deadly serious about 200,000 units of affordable housing.”

Leaving no doubt what he meant, de Blasio said reaching his housing goals would require erecting the biggest buildings possible.

He called it a “willingness to use height and density to the maximum feasible extent. This is something I’ve said in our previous meetings I don’t have a hangup about. I think it’s necessary to do what I’m here to do.”

De Blasio made his remarks to the executive board of the Real Estate Board of New York, known as REBNY, where he was warmly received. His office later released a recording of the mayor’s opening remarks to the group but not his comments during a question-and-answer session.

Wednesday, February 12, 2014

Real Estate Weekly - Apartment builders in $2 Billion Brooklyn land rush

Excerpts -

Apartment builders bought nearly $2 billion worth of Brooklyn land last year in a rush to meet demand for apartments in the borough.

According to the commercial brokerage Ariel Property Advisors, development site sales in Brooklyn increased 21 percent year-over-year to 301; the number of properties traded rose 35 percent to 520, and the dollar volume of those trades jumped 45 percent to $1.8 billion.

Williamsburg recorded the most development trades with 40 development transactions comprised of 74 properties totaling $284 million, but demand also was great for development sites in nearby neighborhoods.

“The continued success of the Barclay’s Center Arena, which in its first full year of operation generated more ticket sales than any other arena in the United States, contributed to increasing property values and rising retail rents in surrounding neighborhoods such as Boerum Hill, Park Slope, and Prospect Heights,” said Mark Spinelli of Ariel Property Advisors.

“Retail rents in the area have risen rapidly from the mid-$50’s per square foot to levels approaching $200 per square foot.”

Thursday, February 6, 2014

Alliance for Coney Island Winter Gala

Press Release



WITH SPEAKER OF HONOR KENNETH ADAMS _________________________

CONEY ISLAND, February 4, 2014 – The Alliance for Coney Island and its Board of

Directors, have announced plans for the 2nd Annual Coney Island Winter Gala to be held

on Thursday, February 13th at Gargiulo’s Restaurant in Coney Island. This year’s gala

will honor a number of individuals and organizations that have helped usher forth the

Coney Island renaissance of recent years, and the recovery since Hurricane Sandy.

The guests of honor at this year’s gala are former Brooklyn Borough President, Marty

Markowitz and former Councilmember Domenic M. Recchia, Jr., both of whom recently

completed their terms of office and have been great supporters of Coney Island’s growth.

The President and CEO of Empire State Development, Kenneth Adams, will attend as the

event’s Speaker of Honor, and the inimitable emcee of the Nathan’s Hot Dog Eating

Competition, Mr. George Shea, will be the master of ceremonies for the event.

“I’m honored to take part in the 2nd Annual Coney Island Winter Gala and support the

Alliances’ efforts to drive tourism and economic growth,” said Empire State

Development President, CEO & Commissioner Kenneth Adams. “Coney Island faced

tremendous hardships in the wake of Sandy and yet the community, with the aid of

organizations like the Alliance for Coney Island, came together and demonstrated

tremendous strength and resilience during the rebuilding process. Under Governor

Cuomo’s leadership, New York State will continue to do all we can to help residents and

businesses rebuild their infrastructure and strengthen their tourism efforts.”

The affair, now in its second year, celebrates 2013 as a year of resiliency, strength, and

unity for Coney Island.

“Faced with unprecedented challenges, Coney Island demonstrated that by rallying and

working together as a unified community the sky is the limit,” said Dennis Vourderis,

Alliance for Coney Island Chairperson and Deno’s Wonder Wheel Amusement Park, Co-
Owner. “In 2013, the Alliance helped kick off one of the biggest Palm Sunday openings

ever which carried momentum into the 2013 summer season.”

This year’s gala festivities include a one-of-a-kind raffle and silent auction with unique

prizes such as a steel door from the Wonder Wheel, a judgeship for the Nathan’s Famous

4th of July Hot Dog Eating Contest, tickets to a New York Yankees game, tickets to a

New York Rangers game and gift baskets from a variety of Brooklyn vendors.

The annual gala is the main fundraising event for the Alliance which raises funds to

support free public programming, workforce development, and quality of life initiatives

that help drive tourism and economic activity, and further promote the transformation of

Coney Island into a year-round recreational oceanfront entertainment destination.

WHO: Alliance for Coney Island

WHAT: 2nd Annual Coney Island Winter Gala

WHEN: Thursday, February 13, 2014 | 6:00pm – 10:00pm

WHERE: Gargiulo’s Restaurant | 2911 West 15th

HOW: To attend and purchase tickets online, click here.

 St., Brooklyn, NY 11224

Coney Island Brewing Company

Facebook page -

This company is the same one that owns Sam Adams. It is a 2.3 billion dollar brewing company and rumor is they are opening a brewery this summer in Coney.