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

Saturday, May 31, 2014

Marine Park Summer Concert Schedule


Concerts In The Park
2014
Sponsored by
State Senator Marty Golden
 
Marine Park (Fillmore Ave.)
July 9        Out Of The Blue (Classic Rock & Dance)  
July 16      Yesterday & Today (Beatle Tribute Band)  
July 30      Alive N Kickin' (Hit song "Tighter & Tighter"). 
Aug. 6       Brooklyn Keys (Oldies through 90's)                 
Aug. 13     Radio Daze (70's & 8o's Party Music)
Aug. 20     On A Good Run (Classic Rock)
Produced by Blu Buffalo

"Bring a blanket, a chair, your family and friends"

Concerts are FREE and open to the public. All concerts begin at 7pm. In case of poor weather or for more information, Call 718 238-6044

http://marineparkcivic.com/events.htm 

Mets owner creates real estate presence in Brooklyn

Daily News excerpt -

New York Mets owner Fred Wilpon was almost signed by the Brooklyn Dodgers out of high school. Now, six decades later, he’s launching a real estate offensive on the Dodgers’ former turf.

Sterling Equities, Wilpon’s company, is set to open the sales office of its first ground-up residential project in Brooklyn — part of a larger effort across a borough that Dem Bums would barely recognize anymore.

Wilpon isn’t afraid to fork out the cash to build a presence in Brooklyn, either. Sterling snapped up a 49-unit rental building earlier this month in Williamsburg, at 76 Meserole St., for $36 million, almost double what the building sold for just one year earlier. And the company was a silent partner in the Love Lane Mews condo conversion in 2011. 

More deals are coming, said Greg Katz, a company principal.

“We’d love to be doing deals in Manhattan, but right now we’re seeing more opportunities in Brooklyn,” he said. “We have a handful of deals under contract in Brooklyn and only one in Manhattan.”

The most notable project is the 32-unit condo near the Gowanus Canal on Carroll St. The building was designed by Gluck+ using bluestone cladding — a nod to the sidewalk granite that puts the spring in the steps of brownstone Brooklynites.

The building will have on-site parking and vegetable plots for residents. Residents can even pitch like a young Wilpon — albeit on the building’s bocce court.

Pricing for the project hasn’t been released but experts said the large four-bedroom units could cost as much as $4 million. Millie Perry of Stribling & Associates has the exclusive.

http://www.nydailynews.com/life-style/real-estate/fred-wilpon-move-brooklyn-article-1.1809158

Thursday, May 29, 2014

Little Caesars Pizza Coming to Stillwell Ave

Great news! The chains keep coming! They are showing confidence in Coney's future. Here is Little Caesar's main website.

http://www.littlecaesars.com/

Tuesday, May 27, 2014

Johnny Rockets, Red Mango scheduled to open by July 4th!

Brooklyn Daily excerpt -

More eateries are on the way, too. Frozen yogurt hotspot Red Mango and 50s retro eatery Johnny Rockets are expected to open on Surf Avenue in time for the Fourth of July weekend.

http://brooklyndaily.com/stories/2014/21/summer-coney-island-2014-05-23-bk_2014_21.html

Monday, May 26, 2014

New White Castle at Cyclone Cafe!

This brings the chains at Luna Park to 5! Nathans, Pie Face, Maui Wowi Hawaiian Smoothies, Uncle Louie G's Ices and now White Castle Burgers.

As I have stated before the invasion of chains not only surrounding Luna Park but infiltrating into Luna Park, points towards a great development future for Coney.

Found  this video on YouTube with a pic of White Castle across from the Cyclone.

https://www.youtube.com/watch?v=pOX2FxbW_yc

Sunday, May 25, 2014

Coney Island Beach Shop opens third store in Coney

It's the Surf & Stillwell Brooklyn Apparel Co. right behind It'Sugar in Thor's building. See the video here.

http://brooklyn.news12.com/news/boardwalk-stores-in-coney-island-prepare-for-summer-surge-1.8167465

Brooklyn Home Inventory - Supply Not Meeting Demand

NY Post excerpt -

From the Upper East Side to East New York, would-be homebuyers are facing a massive inventory crunch this spring.

Add to that rapidly rising prices in Manhattan and Brooklyn, limited new development geared to the luxury market, and underwater homes hampering many locals’ ability to sell, and it all equals a tough market for many New Yorkers.

“Supply is not adequate to demand,” said real estate appraiser Jonathan Miller of Miller Samuel.

Wall Streeters fresh from their highest level of bonuses since the financial crisis can pony up for swanky amenities like private heated swimming pools. Such extras have pushed first-quarter average prices per square foot for Manhattan apartments to a 25-year record high, and new development prices to a record $1,834, according to the Elliman Report. Brooklyn’s average sales price rose 7.3 percent, to $681,182, with new development prices up 3.5 percent, to $732 per square foot.

Inventory in Manhattan and Brooklyn fell to a six-year low in the first quarter, according to data from StreetEasy and Elliman.

The financial crisis killed new construction in NYC, but now stalled new development projects are bustling back to life.

After three years of essentially no new inventory, a few luxury Manhattan condos can’t ease the crunch. Most new development in Brooklyn, meanwhile, consists of luxury rentals.

That leaves many low- and middle-income New Yorkers priced out and pushed out of much of Manhattan, as well as hot areas of Brooklyn and Queens directly across the East River. StreetEasy’s recent list of up-and-coming neighborhoods in Manhattan and Brooklyn shows that New Yorkers are moving farther north, to areas like East Harlem, and east to neighborhoods like East New York.

After a few tough years, inventory is scarce at East New York’s MeadowWood at Gateway condo complex. MeadowWood is geared to locals but has started attracting buyers from other boroughs, said Daniel McInerney, vice president at sponsor Taconic Investment Partners.

http://nypost.com/2014/05/25/city-home-inventories-hit-new-lows/

Daily News - Coney Island's Wild Ride

Excerpt -

New attractions put summer hotspot on the upswing again

When beachgoers head to Coney Island this weekend, they’ll see a vision once unthinkable: a gleaming new roller coaster in place of what was once a hulking ruin.

The sky-high Thunderbolt, a modern thrill ride sure to be a destination in its own right, is scheduled to open in a few days.

The new coaster joins Luna Park, the MCU Park baseball stadium and a rapidly growing restaurant row as beacons of a newly energized Coney Island.

Contrary to the warnings of alarmist preservationists, the new attractions have hardly displaced the joys of old — the Cyclone, Nathan’s, Deno’s Wonder Wheel park. Even the freak show is thriving.

If anything, they’re attracting new customers with money to spend, bringing jobs to a neighborhood still recovering from superstorm Sandy.

http://www.nydailynews.com/opinion/coney-island-wild-ride-article-1.1803945

Saturday, May 24, 2014

Brooklyn Real Estate Summit

Carl Weisbrod, director of the New York City Department of City Planning-

Excerpt from Keynote Speech-
 
"Now, Brooklyn is not only the center of gravity for the city, but has a zeitgeist that is emulated and embraced across the country and around the world. Thanks, in large part, to many of you in this room, Brooklyn has established its own distinct identity – becoming a center of vibrant culture, economic innovation and political power. Nationally and internationally it has emerged as a world-class brand and the “place to be.” From ‘hip’ Williamsburg and Greenpoint, to ‘techie’ DUMBO, to the surging 24/7 Downtown Brooklyn, with its mix of uses including new housing, hotels, retail and office towers, to the family-oriented Park Slope and to new housing and economic enterprises from Sunset Park to Crown Heights and Coney Island, Brooklyn’s neighborhoods are leading the way in urban regeneration and innovation."

http://newyork.realestaterama.com/2014/05/08/chairman-weisbrod-delivers-keynote-speech-at-only-brooklyn-real-estate-summit-2014-ID02884.html

Coney Housing and Retail

Dep. Mayor for Housing and Economic Development for NYC

Alicia Glen ‏@DMAliciaGlen

Each $1 we invest in infrastructure is unlocking an incredible amount of affordable housing & retail in Qns, Staten Island, Coney Island


https://twitter.com/DMAliciaGlen/status/469101180199895040

Coney Infrastructure

Crains excerpt -

During the forum, Ms. Glen also said the city would commit $350 million in its five-year capital plan for infrastructure improvements in Hunter's Point South in Long Island City, Stapleton in Staten Island, and Coney Island—three neighborhoods she said have "amazing housing potential." 

http://www.crainsnewyork.com/article/20140521/BLOGS04/140529970/mayor-to-unveil-midtown-east-rezoning-timeline

Thursday, May 22, 2014

Yes there will be fireworks on July 4th in Coney!

Don't believe the press. The Cyclones are having fireworks after the game at MCU Park. Inside the park. Again on July 5th as well. Back to back nights. Just got our tickets.


Friday,
July 4th
6:00 pm Aberdeen
IronBirds
 Dri-Fit Shirt
courtesy of Midwood Ambulance
 
Post-Game Fireworks
 
EMT Night

 
http://www.brooklyncyclones.com/ticketsmega/2014season/promotions/

Monday, May 12, 2014

Times Square By The Sea

Reuters excerpt -

Now, city officials want to transform Coney Island in the way Times Square in Manhattan was revamped in the 1990s, when peep shows and prostitutes were pushed out to make way for tourist-friendly restaurants and theaters.

The drive to revamp was accelerated by Superstorm Sandy in October 2012, which washed out the boardwalk, temporarily shut the New York Aquarium and flooded businesses and homes.

TRANSFORMATION UNDERWAY

A major developer, Thor Equities, has snatched up stretches of beachside property with plans for new shops, restaurants, condos, hotels and other year-round entertainment.

The new development has brought more visitors, with 3 million people arriving by subway from May through September 2013, two-and-a-half times as many visitors as decade ago, the New York Economic Development Corporation said.

The new attractions are drawing tourists from far afield.

Vera Sveinsson, from Iceland, recently headed out to Coney Island for a day during a week-long trip to New York.

"I had seen Coney Island in movies and music videos but was told it was dangerous," Sveinsson said. "When we got here people said it's fun and to go, and we love it.


"http://www.reuters.com/article/2014/05/12/us-usa-new-york-coney-island-idUSBREA4B0CW20140512

Friday, May 9, 2014

Breaking news from Twitter


BREAKING NEWS EXCLUSIVE YOU HEARD IT HERE FIRST:Rheihoffer Shows a major USA Carnival Operator about to pull 14-16 rides/units to Thor lots!

Thursday, May 8, 2014

Very poor reporting by the Bay News

Not mentioned -

1. The 2 lots referenced are zoned for hotels and movie theaters.

2. If Luna Park were to take the lots would they be interested in building hotels and movie theaters? Doubtful. They are an outdoor amusement park company.

3. One of the main goals of the rezoning was to turn Coney into a year round destination.

4. Coney has never been only about outdoor amusements and never will be.

Here is the article I am referring to -

http://brooklyndaily.com/stories/2014/19/bn-sitting-vacant-2014-05-09-bk_2014_19.html