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Beachfront Condos

Beachfront Condos Under Construction on Boardwalk at 32nd St, Coney Island. Photo © Bruce Handy/Pablo 57 via Android

The first private beachfront condominiums to be built on the Coney Island Boardwalk are under construction at West 32nd Street and are expected to be completed this summer. The four-story building will have 11 units including 1, 2 and 3 bedroom apartments, each with its own parking stall. Marina Krasnova of New Vision told ATZ that sales prices range from $685,000 for a one-bedroom to $1.55 million for the penthouse.

Located in the West End of Coney Island, across the street from the NYC Housing Authority’s Coney Island Houses, this new construction is a harbinger of more beachfront residential to come. The rezoning plan approved by the City Council in 2009 put 26 high rise residential towers and 5,000 new units of housing in Coney Island, including beachfront condos on Taconic Investment Partners 5.5 blocks of vacant land just west of MCU Park (West 20th Street).

We think it is the future beachfront residential, which Taconic has valued at $300-$900 per square foot, that is driving the City’s plan to gentrify the Boardwalk and make it into a year-round destination with upscale restaurants and bars.

Beachfront Condos Under Construction on Boardwalk at 32nd St, Coney Island. Photo © Bruce Handy/Coney Island Photo Diary via flickr

Coney Island History Project director Charles Denson, who grew up in Coney Island Houses, tells ATZ that the lot on West 32nd Street has been vacant since 1982. “It was the site of Sam’s Knishes and the Lincoln Baths,” said Denson, whose book Coney Island: Lost and Found combines a history of land use in his neighborhood and boyhood memoir. “Sam’s had the best cherry cheese knishes in the world and the Lincoln Baths go back over 110 years.” On the History Project’s blog “Ask Mr Coney Island,” Denson notes that the Lincoln Baths, along with the Washington Baths (W 21st St), Roosevelt Baths (W 30th St) and Jefferson Baths (W 33rd St) were Coney Island’s “presidential bathhouses.”

“The bathhouses were where people rented lockers and changed from street clothes to swim suits. You could also rent swimsuits and beach chairs and umbrellas,” writes Denson. “They were very social places and generations of families and friends from the same neighborhoods patronized the same bathhouses for years until the last one (Brighton Beach Baths) was demolished in the early 1990s.”

Coney Island Boardwalk

Coney Island Boardwalk east of West 33rd Street showing the Lincoln Baths in the foreground, 1924. Eugene L. Armbruster Collection, New York Public Library

How did it happen that land once occupied by bathhouses patronized by working class New Yorkers is destined to become luxury beachfront apartments? The Washington Baths site, which Thor Equities bought from Horace Bullard for $13 million, was flipped to Taconic for an exorbitant $90 million because both parties were sure the City would rezone it for residential.

Taconic Investment Partners plans to build a glittering city of 2,500 apartments and 200,000 square feet of retail west and north of MCU Park. According to Taconic’s website: “The North Venture consists of three city blocks on the North side of Surf Avenue totaling nearly 109,000 square feet. One block from the beach, these parcels include vacant or under-improved land. Coney Island South Venture encompasses 5.5 acres on the south side of Surf Avenue, interspersed over four blocks along the beachfront, and is also comprised of vacant or under-improved land totaling nearly 240,000 square feet.”

As Taconic CEO William Bendit told Eliot Brown of the New York Observer in an interview in 2009: “What attracted us to Coney Island was the fact that it’s vacant land—we didn’t have to dispossess anybody, relocate anybody. And it’s the beachfront. How much beachfront land is there in New York City? Not only that, but beachfront land that’s accessible to the subway. So, if you think about it, how many young people, or anybody, for that matter, would like to commute into New York or Brooklyn, and go home at night and live on the beach?”

What would it take to make you move to the new Coney Island?

Coney Island Aerial: Detail of Conceptual Rendering. CIDC Press Kit

Coney Island Aerial: Detail of Conceptual Rendering Shows Residential Towers West and North of MCU Park. CIDC Press Kit

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Related posts on ATZ…

December 20, 2011: Update: Coney Island’s 1st Private Beachfront Condos on Boardwalk

January 11, 2010: Steeplechase Pool, Zip Coaster Sites to Be De-Mapped for Housing

July 27, 2009: Tall, Skinny & Destined to Kill Coney Island: High Rises on South Side of Surf

Easter Brunch at Paul's Daughter on the Boardwalk. April 4, 2010. Photo © Tricia Vita/me-myself-i via flickr

Easter Brunch at Paul's Daughter on the Boardwalk. April 4, 2010. Photo © Tricia Vita/me-myself-i via flickr

Looks like the Coney Island Boardwalk may not be corporatized and Sodexo-fied this summer after all! Sources tell ATZ that the Mom and Pops known as “The Coney Island 8” who have been fighting eviction since November are being offered leases for the 2011 season by amusement operator Zamperla. The lease is said to be prepared and waiting for the parties to sign on the dotted line on or before February 16th. That’s tomorrow, when both sides are due back in court for the hearing that was postponed from last month.

The deal has been on our radar for the past few weeks, which is why we’ve been uncharacteristically silent on the subject. Sources have been telling us the lease has many stipulations, including a confidentiality clause, and the deal could go either way. If the deal gets done, we predict Zamperla will once again be seen as the good guy for giving up their strong arm tactics of recent months. Out with the old, in with the new will be postponed till 2012 and visitors will again be able to enjoy a beer at Ruby’s Bar and french fries at Paul’s Daughter. Shoot the Freak is expected to move to a new location to make way for the Boardwalk entrance of Zamperla’s new Scream Zone, but the rest of the businesses would reopen in their current locations.

Shoot the Freak

Shoot the Freak on Fourth of July. July 4, 2009. Photo © Tricia Vita/me-myself-i via flickr

The one-year reprieve for the Mom and Pops would end on November 1, 2011, when they will be required to pack up and go. The lease is said to be for the same amount of rent as previous years. Ruby’s, Paul’s Daughter, Cha Cha’s and others paid $100,000 for the season. An additional season would give the businesses an opportunity to set aside some money for moving costs and time to find a new location. Zamperla’s Central Amusement International has a 10-year lease on the City-owned property. As ATZ first reported last year, Zamperla also has an exclusive contract with Sodexo for food and facilities management.

Sources tell ATZ the lease stipulations include a confidentiality or nondisclosure clause, which would restrict the Coney Island 8 from making public statements about the situation. It won’t be the first time these businesses had to agree to zip their lips to keep their spot on the Boardwalk.

When Thor Equities owned the Boardwalk property, the majority of businesses had leases with a confidentiality clause prohibiting all public comments about the redevelopment of Coney Island, not only for the term of the lease, but for three years after its termination. Violation of this clause would have resulted in immediate eviction and a $10,000 fine for each instance of a violation. This clause prevented the businesses from participating in the public hearings that ultimately determined the rezoning and the future of Coney Island.

Ruby's Bar & Grill

Ruby's Bar & Grill, Coney Island. Photo © Bruce Handy/Pablo 57 via flickr

With 62 days left till Coney Island’s official opening day, we applaud a deal that insures the Boardwalk will be open for business. At the same time, that doesn’t let the City and its quasi-governmental agencies in charge of Coney Island redevelopment–the Economic Development Corporation (NYEDC) and the Coney Island Development Corporation (CIDC)–off the hook for not including a provision for local small businesses when the City made their lease agreement with Zamperla.

In regard to the Boardwalk operators prospects, City officials were less than candid from the day the property was purchased from Thor Equities. At the press conference, which we watched live, Shoot the Freak owner Anthony Berlingieri posed a question to the Mayor, who was taken aback. The question was “Is there a place for us?” NYEDC’s President Seth Pinsky, who is a very slick talker, stepped up to the mike to reply. Pinsky said “Our intention is for the foreseeable future to keep all the tenants in place, certainly through next summer [2010]. And we’re going to be looking to work with each of you to figure out where it makes sense for the various tenants to remain as we build out the amusement park.”

Interestingly, that part of the press conference was excised from the version that went up on the web. If a reporter from the Brooklyn Paper hadn’t followed up with a story, it would have been excised from history.

As it turns out the EDC and their satellite the CIDC did not work with each of the businesses to see where it made sense for them to remain. Apparently the EDC figured out it didn’t make sense for the Boardwalk tenants to remain, but neglected to tell anyone except Zamperla. We called out Pinsky on this quote on ATZ and twitter when he had the nerve to tweet “Support your local small business” just as Paul’s Daughter was throwing their goodbye party. We invited him to the party, but of course no one from the City would show. City officials, both elected and appointed, refused to support or say a word to the press about the small local businesses booted off City-owned property in Coney Island. It will be interesting to see what if anything City officials will have to say about the new leases and future prospects for the Boardwalk Mom and Pops.

UPDATE March 8

Yes, all eight of the Coney Island 8 signed the agreement that will allow 7 of them–Shoot the Freak is out– to lease their Boardwalk locations for one final summer before they exit quietly. We tweeted our reaction this morning. What else is there to say? If you want more info on why the Mom & Pops are being forced out, read our posts on Sodexo.

AmusingZillion
In 2010 @NYCEDC got $100K rent from Ruby’s but only $11.25K from Sodexo 4 rent on City-owned property bought for $95.6M http://bit.ly/gNPci3

AmusingZillion
Happy we’ll be able to drink @ Ruby’s, eat @ Paul’s Daughter this season. But deal nothing to celebrate. #ConeyIsland small biz on way out

UPDATE March 6

Tomorrow, March 7th, the Coney Island 8 and Zamperla are due back in court over the Boardwalk evictions. A one-year lease deal ihas been in the works for weeks. Will they all sign?

UPDATE February 15, 7:07 pm

New York Mag’s Grub Street just talked with Coney Island Island 8 attorney Marc Aronson who says: “We’re working on something that’ll be an amicable resolution for all the parties and something that’ll be really just for both sides, and we’re really close.” He says he expects tomorrow’s court date to be postponed for a weeks, “at which point we’ll finalize the details of the stipulation or agreement.”

Grill House, Coney Island Boardwalk. Last day of season, Oct 31, 2010. Photo © Tricia Vita/me-myself-i via flickr

Grill House, Coney Island Boardwalk. Last day of season, Oct 31, 2010. Photo © Tricia Vita/me-myself-i via flickr

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Related posts on ATZ…

January 20, 2011: Sodexo Investing $2.4M in Zamperla’s Coney Island

November 23, 2010: Meet Sodexo: Luna Park Coney Island’s Partner for “On-Site Service Solutions”

November 1, 2010: Out With the Old in Coney Island: Only 2 of 11 Boardwalk Businesses Invited Back

April 14, 2010: Photo Album: Heroic 24/7 Race to Build Coney Island’s New Luna Park

Winter Carnival

2011 Lake George Winter Carnival Outhouse Races. February 5, 2011. Photo © Josh Beeles via flickr

This month the Lake George Winter Carnival is celebrating its 50th anniversary with a round of Polar Plunges, Ice Diving Demos, Motorcycle Ice Races, Dog Sled Races, Polar Golf and more. On opening weekend, photographer Josh Beeles got some wonderful shots of the Outhouse Races and Polar Plunge. The event first caught our eye because of a Coney Island connection. According to the carnival’s website, the Lake George Winter Carnival’s Polar Plunge was started more than 35 years ago by Coney Island Polar Club President Al Mottola…

History of the Polar Plunge – The Lake George Winter Carnival Polar Plunge has evolved over the years. The Coney Island Polar Bears started this tradition in 1903. Al Mottola, president of the Coney Island Polar Bears, first appeared at the Lake George Winter Carnival in 1973, taking their first plunge into the icy waters of Lake George. Spectators and participants were entertained for years by the group and many visitors and locals joined in on the fun of swimming in the ice cold water. They entertained many fans for years at the Lake George Winter Carnival, including Charlie “Papa Bear” Albert, who founded the Lake George Polar Bear Club and the 1st Day Polar Plunge that draws 800 plus people January 1st every year. The Polar swim is sponsored by the Lake George Winter Carnival every January 1st, and Saturday and Sundays during the month of February we invite anyone to participate, if you dare. Over 1000 participants for 2010.

This weekend’s featured event at the winter carnival is the NY State AMA Sanctioned Motorcycle & ATV Ice Race Championship. You can watch a live webcast courtesy of the Electric City Motorcycle Riders Club.

The Polar Plunge as well as Snowmobile Water Skips, Dog Sled Rides and Skydiving are set for every weekend in February.Click here for a schedule of events.

Winter Carnival

Lake George Winter Carnival Polar Plunge. February 5, 2011. Photo © Josh Beeles via flickr

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