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Feb 09, 2010 [05:20 PM]

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Holding Your Hood Hostage At Blight Point

by Will
Wednesday Apr 11, 2007
Posted to Front Page Posts
Prospect Heights ain't the only place where developers create blight to try to get their way with citizens and government.

Thor Equities, like Ranter, is brandishing the blight weapon in Coney Island in hopes of getting the city to change brand new zoning where his property is so he can put in luxury towers. Neil deMause has penned a must read at the Village Voice about how Thor is taking Coney Island hostage:

The season's first visitors to Coney Island can already see that the batting cages and the go-karts along Stillwell Avenue are gone, as is a miniature golf course that went up just a few years ago. From the base of the Wonder Wheel on West 12th Street all the way to the bus lot behind Nathan's, bulldozers have cut a large swath, leaving little more than barren asphalt and a few stray tires surrounded by a plywood fence..

...denizens of the amusement district fear the developer is preparing to raze and leave fallow as much as two-thirds of Coney's amusement district. The idea would be to hold the heart of Coney Island hostage to force the city to rezone and let Thor cash in on condos.

Source: VVoice


And hey Williamsburg, how is that lot owned by Quadriad looking at Bedford and North 4th, thats been empty for about a year now eh?

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