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ATZ is happy to see Coney Island’s small businesses alive and kicking in the first year of Coney Island’s predicted rebirth. The good news is that all of the familiar mom-and-pop shops, bars and eateries on Coney Island’s Boardwalk are back in business for the 2010 season. The big difference is real estate speculator Joe Sitt is no longer their landlord and unlike previous years, they didn’t suffer a rent hike.

Coney Island Souvenir Shop on the Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

Rolling Sign: Souvenir Shop on the Boardwalk in Coney Island. Photo © Tricia Vita//me-myself-i via flickr

When the City of New York bought 6.9 acres of Coney Island property from Thor Equities in November, existing tenants on the Boardwalk were offered a one-year lease at last year’s rate, including one tenant who’d famously gotten the boot from Thor: The Lola Star Boutique. We’re thrilled that Lola aka entrepreneur Dianna Carlin is back in her original location next to Ruby’s after a one-year absence. Carlin, the founder of Save Coney Island, had not been offered a lease in 2009 by Thor because of her outspokenness on Coney Island development issues.

Lola Star Boutique Returns! Photo © Tricia Vita//me-myself-i via flickr

Lola Star Boutique Returns! Photo © Tricia Vita//me-myself-i via flickr

Lola Star’s Dreamland Roller Rink, located in the Childs Building on the Boardwalk and leased from Taconic Investment Partners, will reopen next month. (Update 5/16: The roller rink will NOT return to Coney!) Other returning Boardwalk businesses scheduled to open in the coming weeks: Pio Pio Rico–“The House of the Best Peruvian Rotisserie Chicken”— located in the former Astroland arcade, Beer Island, and Nathan’s Famous Boardwalk location.

Best French Fries Sold Here: Paul's Daughter on Coney Island Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

The Best French Fries Sold Here! Paul's Daughter on Coney Island Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

Paul’s Daughter, Gyro Corner, Ruby’s Bar & Grill, Cha Cha’s, Steve’s Grill House, Rosa’s Tacos & Juice Bar and the Coney Island Souvenir Shop next to Ruby’s are already open daily. Weather permitting, of course. The Lola Star Boutique and Shoot the Freak are currently open weekends. Also open daily in Coney Island: Nathan’s Famous original location at Surf and Stillwell, Williams Candy, Coney Island Beach Shop and the WCS New York Aquarium.

JT & Cha Cha Welcome You to Coney Island 2010. Photo © Tricia Vita//me-myself-i via flickr

JT & Cha Cha Welcome You to Coney Island 2010. Photo © Tricia Vita//me-myself-i via flickr

On Wednesday, a painter was touching up the sign at Steve’s Grill House. ATZ observed many people out and about on the Boardwalk. We chatted with several British tourists who’d been stranded in New York by the volcanic ash cloud. It was a sunny, breezy afternoon until rain sent everyone scurrying for cover and the Coney Island Souvenir Shop wheeled in their sign.

Touching Up the Sign at Steve's Grill House on the Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

Touching Up the Sign at Steve's Grill House on the Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

Coney Island Souvenir Shop owner Tom Suh died in a car accident in March and is much missed by his Coney Island friends and family. On Easter Sunday, we offered our condolences to Mrs. Suh, who is recovering from the accident, and son Rob, who is carrying on the family business.

Mrs. Suh in her family's souvenir shop on the Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

Mrs. Suh in her family's souvenir shop on the Boardwalk. Photo © Tricia Vita//me-myself-i via flickr

Last Friday, it was decidedly chilly in Coney Island, yet a photo shoot with a bikini-clad model was in progress on the Beach. We ducked into Ruby’s Bar and Grill, where it’s cozy and Beato was manning the grill. Did you know that Coney Island Boardwalk’s oldest bar and grill is among the Travel Channel’s “Top 21 sexiest beach bars”? Ruby’s has a brand-new website at www.rubysconeyisland.com or follow their Facebook fan page for news of upcoming events.

At Ruby's on Friday Afternoon: Beato Minds the Store. Photo © Tricia Vita//me-myself-i via flickr

At Ruby's on Friday Afternoon: Beato Minds the Store. Photo © Tricia Vita//me-myself-i via flickr

Ruby’s namesake–Ruby Jacobs–bought the bar in 1975. That’s his portrait with the Parachute Jump amid the vintage photos on the oft-photographed wall. After Ruby’s death in 2000, West 12th Street was named Ruby Jacobs Way in his honor. His daughters and son-in-law continue to run the family-owned business. Cheers to Coney Island’s 2010 season!

Wall of Photos at Ruby's Bar in Coney Island. Photo © Tricia Vita//me-myself-i via flickr

Wall of Photos at Ruby's Bar in Coney Island. Photo © Tricia Vita//me-myself-i via flickr

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March 14, 2010: Eldorado Auto Skooter: Coney Island’s Disco Palace of Bumper Cars

March 12, 2010: Photo of the Day: Williams Candy in Coney Island

February 7, 2010: Coney Island Valentine: Get a Sea Lion Kiss at New York Aquarium!

February 3, 2010: New in 2010: Coney Island Fun Phone Addition to CI Fun Guide

Thor Equities abandoned flea market, Coney Island. April 16, 2010. Photo © Tricia Vita//me-myself-i via flickr

Thor Equities abandoned flea market tents on Stillwell Ave, Coney Island. April 16, 2010. Photo © Tricia Vita//me-myself-i via flickr

If you’ve been wondering what Joe Sitt of Thor Equities is doing with his vacant buildings and empty lots in Coney Island 2010, the answer is nothing yet. It’s disgraceful that Coney Island’s no. 1 real estate speculator is getting away with letting his tents from last year’s flopped Flea by the Sea deteriorate and become a public eyesore. The bedraggled tents are the first sight visitors see when they stroll down Stillwell Avenue, the gateway to Coney Island’s Beach and Boardwalk. How would “Joey Coney Island” like it if this mess was in his backyard instead of the People’s Playground? Tear ‘em down!

Thor Equities abandoned flea market tent, Coney Island. April 19, 2010. Photo © Tricia Vita/me-myself-i via flickr

Thor Equities abandoned flea market tent, Coney Island. April 19, 2010. Photo © Tricia Vita/me-myself-i via flickr

Coney Island’s 40 rides and diverse attractions opened for the season on Palm Sunday and enjoyed the best Easter in decades. On the City-owned former Astroland site, Zamperla/CAI is working nearly around the clock to finish the new Luna Park in time for Memorial Day Weekend. If Sitt had sold the land to the City when the rezoning was passed in July, the park would probably be open now! With the return of Ringling Brothers Circus and the grand opening of Luna Park, Coney Island’s stakeholders are busy planning an exciting summer season. But Joe Sitt has yet to announce any tenants or plans for his Coney Island buildings or remaining Stillwell parcels.

Shoot out the Star in Thor-Owned Henderson Building, Bowery at Stillwell. Photo © Tricia Vita//me-myself-i via flickr

Shoot out the Star in Thor-Owned Henderson Building, Bowery at Stillwell. April 19, 2010. Photo © Tricia Vita//me-myself-i via flickr

Thor Equities huge “Store for Lease” banners on the Henderson Building and Shore Hotel continue to greet visitors when they exit Stillwell station. As for Thor’s vacant buildings, the Grashorn—Coney Island’s oldest building—and the former Bank of Coney Island—it’s deathwatch time. The Coney Island Rumor Mill is saying a demolition company was asked to give a quote for the takedown of the Grashorn and the Bank of Coney Island immediately as well as the Henderson Building and Shore Hotel by October. Popeye’s $120K per year lease of the corner store on the ground floor is said to be up this year.

Thor-Owned Henderson Building sits on a Parcel Rezoned for a High-Rise Hotel. Photo © Tricia Vita//me-myself-i via flickr

Thor-Owned Henderson Building sits on a Parcel Rezoned for a High-Rise Hotel. Photo © Tricia Vita//me-myself-i via flickr

Last July, the Bank of Coney and the Henderson parcels were rezoned for high-rise hotels of up to 27 stories. Though it’s unlikely a hotel will go up anytime soon, the speculation is that Sitt wants to get rid of the Grashorn and Henderson, which were nominated by Coney Island USA for landmark status, before the LPC calendars them or Save Coney Island’s plan for a historic district gathers steam.

Vacant on Surf Ave at Jones Walk: Thor-Owned Grashorn and Lambros Buildings. April 1, 2010. Photo © Tricia Vita//me-myself-i via flickr

Vacant on Surf Ave at Jones Walk: Thor-Owned Grashorn and Lambros Buildings. April 1, 2010. Photo © Tricia Vita//me-myself-i via flickr

Since Zamperla/CAI won the 10 year contract to build a new amusement park on the City owned land purchased from Sitt, a who’s who of amusement operators has enquired about leasing Sitt’s remaining parcels. But showmen are not marks. Sitt’s steep asking price—reportedly $300K-$500K– for each of his two 50,000 square foot Stillwell lots–has driven away top carnivals and amusement park operators who negotiated for yet failed to sign multi-year leases. Sources tell ATZ that onerous lease terms such as a 30-day vacate clause and having to pay all of the rent up front helped kill the deals.

Boarded Up Shore Hotel: Nature's Paradise By the Sea. April 26, 2009. Photo © Tricia Vita//me-myself-i via flickr

Boarded Up Shore Hotel: Nature's Paradise By the Sea. April 26, 2009. Photo © Tricia Vita//me-myself-i via flickr

Sideshow operator John Strong, who negotiated with Thor to bring his freak museum to the Grashorn Building, now says all deals are off since he can’t spend more in rent than he can take in at the ticket box. Strong believes he got outbid by a Russian who owns an arcade. But the supposed tenant, Sam’s Arcade from last year’s Dreamland, hasn’t signed the lease for Coney Island’s oldest building. What is Sitt’s game?

The Wall Street Journal recently had an article called “Empty Storefronts Blot Union Square Area”–San Francisco, not New York–with a quote from Joe Sitt, who is one of the property owners: “Mr. Sitt says he isn’t rushing to lock up a long-term lease before the market recovers. ‘I’m very willing to be patient,’ he says. While an empty storefront might not help in the short run, securing better tenants is a long-term boon for the neighborhood.” Ironically, another quote in the piece is “It’s like a major theme park losing its rides,” says Joe D’Alessandro, chief executive of the city’s Convention & Visitors Bureau, of Union Square’s store closings.

Funny thing is the quote could apply equally to the situation in Coney Island, though Sitt hasn’t had much to say about Coney since he sold 7 acres to the City in November 2009. At the time, Sitt told the Real Deal in a Q & A…

“We have to redo all of our plans, but we will still have millions and millions of square feet of apartments and hotels and retail and restaurants and enclosed amusements. Yes, it will still have the Las Vegas component to it. The latter versions of the renderings are close to what it will be.”

Oh, yeah, he forgot to mention the millions and millions of dollars he’ll make when he flippity-flips it.

Before Thor: Remember Batting Range and Go Kart City? April 16, 2010. Photo © Tricia Vita/me-myself-i via flickr

Before Thor: Remember Batting Range and Go Kart City? April 16, 2010. Photo © Tricia Vita/me-myself-i via flickr

In the meantime, a parade of people eager to do business in Coney Island continues to look at Thor’s Stillwell parcels. Last week, yet another amusement operator interested in a three-year lease for a go-kart track arrived on the scene. Rumor has it they’re set to sign a lease tomorrow. We’ll see. Our skeptical friends say that Sitt’s lots will remain empty this summer. We say it’s 37 days till Memorial Day Weekend and Sitt never had carnival rides up and running in “Dreamland” until then. In fact, bizarre rumors of Thor Equities producing entertainment in a Spiegeltent on one parcel and bringing their very own carnival to the other are circulating, too. What else can we say but this isn’t just any run-of-the-mill rumor mill, it’s in Coney Island, which thrives on the strange, the odd and the unpredictable.

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Related posts on ATZ…

June 7, 2010: Fence Wrap Advertising Comes to Coney Island’s Stillwell Avenue

April 29, 2010: Photo of the Day: Interior of Coney Island’s Doomed Henderson Music Hall

March 3, 2010: Thor’s Coney Island: What Stillwell Looked Like Before Joe Sitt

February 10, 2010: Thor’s Coney Island: Amusement Operators Balk, Money Talks at Stillwell

How did we miss this delightful little music video tribute to Coney Island made in June 2007 until today? We’ve fallen under the spell of the quirky arrangement and whimsical lyrics of “Million Dollar Mermaid.”

Make yourself green and wear something scanty
And we’ll make out to the sounds of sea shanties
Screams of the Cyclone, the sweet symphony
Photobooths, bumper cars, sideshows
And you’re here with me….

“Million Dollar Mermaid” is the work of genius keyboardist, composer and arranger Joe McGinty. He wrote the song as an homage to Coney in what was expected to be the last summer of Astroland. “Big changes are in store for Coney Island, and I wanted to capture my favorite memories in song,” McGinty wrote at the time. His cousin Edward McGinty made the beguiling video in which a boy and a girl enjoy a ride spree in Wonder Wheel Park, their grown-up counterparts waltz on the Boardwalk, and McGinty and his band Circuit Parade play “Million Dollar Mermaid.”

The former member of the Psychedelic Furs operates a vintage keyboard studio in Brooklyn and has released original music as part of McGinty and White, Circuit Parade, Baby Steps and Space Nutz. Visit Joe McGinty’s website for more marvelous music.

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March 30, 2010: Super 8 Movie: I Had A Dream I Went To Coney Island

January 14, 2010: Zamperla Ride-O-Rama: Rock the Disko Music Video

December 15, 2009: Victrola Vault: Mills Brothers “Coney Island Washboard Roundelay”

November 26, 2009: Coney Island Boardwalk Music Video: The Supertones “I Surf in Black”