Over the past few years, [Joe] Sitt’s real-estate company, Thor Equities, has quietly spent nearly $100 million buying up a huge swath of
Monday, September 19, 2005
Coney Island, Part III
I like the idea of recreating historic New York neighborhoods in Las Vegas (i.e. the "East Village" is being built in Sin City), not recreating Las Vegas in historic New York neighborhoods. But indeed, that appears to be what is happening at Coney Island . New York magazine confirms some of my worst fears about redevelopment plans for Coney Island in a feature out this week by Greg Sargent: