Feeds:
Posts
Comments

Posts Tagged ‘iStar Financial’

Landmark Childs Building

Landmark Childs Building, Coney Island Boardwalk. January 25, 2015. Photo © Tricia Vita

Tourists often ask “what are those ruins on the Boardwalk?” Some locals tell them the crumbling palazzo by the sea is an old bathhouse. The former Childs Restaurant building has been been vacant for so long, between stints as a chocolate factory, a roller rink, and a warehouse, most people have no memory of its glory days.

Last weekend, ATZ took these photos of the 1923 landmark, which is now in hibernation, awaiting restoration as part of a $53 million dollar City project. Terra-cotta fish and seashells and Neptune the god of the sea peek out from above the sidewalk shed and plywood fencing, which was recently installed around the property.

Childs Building, Coney Island Boardwalk

Detail of terracotta ornamentation on Childs Building, Coney Island Boardwalk. January 25, 2015. Photo © Tricia Vita

The construction of the shed and fencing and work on the floors are the only permits currently approved by the Department of Buildings. Several other permits are still listed as on hold pending the outcome of a lawsuit by the New York City Community Garden Coalition (NYCCGC) and the Coney Island Boardwalk Community Garden members vs the City and developer iStar Financial. The clerk for Judge Peter Sweeney, who got the case after a prior judge recused himself, told ATZ last week that the judge has not yet made a decision. At a hearing in December, Judge Sweeney asked both sides to submit briefs arguing for or against a jury trial.

“There is a chance that, given his willingness to bring the parkland issue before a jury, he might break up the case along its two issues and rule separately on each,” writes Aziz Dekhan on the NYCCGC’s website.”Or he might wait to rule on either issue until after he or a jury decides on the parkland issue.”

Former Community Garden on the Boardwalk

Site of former community garden adjacent to the Childs Building. January 25, 2015. Photo © Tricia Vita

The crux of the suit is the gardeners’ claim the land is public parkland and that the development project is an alienation of parkland without the required approval of the state legislature. In December 2013, the garden was razed without warning to make way for construction of the seating area for the amphitheater, which was initially expected to open in June 2015.

ATZ previously wrote about the project when it was under consideration (Clock Ticking on Plan for the Landmark Childs Building, September 25, 2013) and after the razing of the garden (Pre-Dawn Bulldozing of Coney Island Community Garden, December 29, 2013).

Neptune

Neptune medallion on Childs Building, Coney Island Boardwalk. January 25, 2015. Photo © Tricia Vita

Designated a landmark nearly twelve years ago, on February 4, 2003, the building operated as a restaurant until the early 1950s. Childs was one of the largest restaurant chains in the country with 107 restaurants in 33 cities in the U.S. and Canada by the 1920s, but it was not a formula business. According to the Landmarks Preservation Commission report, the Boardwalk restaurant was designed specifically for Coney Island “in a fanciful resort style combining elements of the Spanish Colonial Revival with numerous maritime allusions that refer to its seaside location.”

UPDATE December 12, 2015:

What is going on here? The Boardwalk Community Garden lawsuit is on its third judge with no end in sight! On Monday morn, NYCCGC in court again vs the City and iStar.

Childs Building

Childs Building, Coney Island Boardwalk. January 25, 2015. Photo © Tricia Vita

Related posts on ATZ…

January 29, 2015: Coney Island 2015: Subway Cafe, Sushi Lounge, IHOP, Checkers, Johnny Rockets

January 19, 2015: An Historic First As Elected Officials Join Community’s Fight to Save Coney Island Boardwalk

December 20, 2014: Save the Boardwalk for Future Gens! Sign Brooklyn Pols Petition to Make it ‘Scenic Landmark’

September 13, 2013: Coney Island Always: Visiting the Big CI Year-Round

Read Full Post »

Surf Avenue

On the Market: Taconic’s former ‘Coney Island North Venture,’ vacant parcels of land on north side of Surf Ave. between W 16th and W 20th Streets

Last year, the landmark Childs Building on the Boardwalk and a neighboring lot zoned for condos became part of iStar Financial’s portfolio when Taconic Investment Partners, which acquired the properties in 2005, defaulted on loans. Now the other shoe has dropped. Taconic’s former “Coney Island North Venture,” three city blocks on the north side of Surf Avenue across from the Brooklyn Cyclones stadium totaling over 100,000 square feet of vacant land, is on the market.

ATZ learned of the offering from Coney Island broker Joe Vitacco. Neither Taconic nor iStar is mentioned in a two-page teaser for “Surf Avenue Assemblage: Prime Coney Island Mixed Use Development Opportunity.” Nor is the price. Interested persons are required to sign a nondisclosure agreement with the listing broker to find out additional info.

According to the brokers, R7-X and C2-4 zoning allows for approximately 380,426 buildable square feet as-of-right or up to 507,235 buildable square feet with inclusionary housing on 101,447 square feet of parcels. Combined Assessment/Taxes Due for 2013 and ’14 are $1,668,753/$185,488.

“Buyers can also explore a larger assemblage opportunity by incorporating adjacent sites currently owned by HPD,” says the flier. “Developers will also be able to take advantage of the property’s significant retail frontage. With few assemblages of this scale ever coming to market, the Surf Avenue Assemblage represents a unique opportunity to develop a project in one of New York City’s most dynamic submarkets.”

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

Coney Island Aerial: Detail of Conceptual Rendering Shows Residential Towers West and North of the Brooklyn Cyclones Stadium. CIDC Press Kit, 2009

Up until a few years ago when they fell silent, Taconic Investment Partners planned to build a glittering city of high-rise apartments and retail west and north of MCU Park. Their Senior VP of Acquisitions and his colleagues were a regular presence at hearings leading up to the Coney Island Rezoning of July 2009. According to Taconic’s website, the rezoning “significantly increased our buildable floor areas for mixed-use residential and retail projects to between 1.8 million and 2.4 million square feet, with the potential to create nearly 2,000 residential units and more than 200,000 square feet of retail space.”

The parcels between W 16th and W 20th Streets have been vacant since the wave of urban renewal in the 1960s and 1970s, says Coney Island History Project director Charles Denson, who grew up a few blocks away and documented the razing of the neighborhood in his photos. The RKO Tilyou, operated by the Tilyou family across the street from their Steeplechase Park on Surf at West 17th was demolished in 1973.

Coney Island North and South Venture

Rendering of Coney Island North and South Venture, Taconic Real Estate Investment Partners

Taconic’s plans for their “Coney Island North and South Venture” remain on their website. Only the players are changing.

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?”

Share

Related posts on ATZ…

December 7, 2013: New Construction: Coney Island Area’s 1st Hotel in Decades

October 30, 2013: Photo Album: Four Transformations, One Year After Sandy

October 17, 2013: The New Coney Island: Thor Equities Vacant Lots, Dummy Arcades

February 17, 2011: New Construction: Coney Island’s 1st Private Beachfront Condos on Boardwalk

Read Full Post »

Rabbit Rescue

Runaway Bunny Netted in Coney Island by William Leung of Rabbit Rescue and Rehab. January 18, 2014

The runaway bunny from the bulldozed Coney Island Community Garden was finally rescued today after 21 days surviving on its own. “Just caught it, here is a bunny ball!” said William Leung in a text message with an accompanying photo at 4pm on Saturday. He named the rabbit Steeplechase, after the famous amusement park.

Coney Island was of course named Conyne Eylandt –Rabbit Island– by the Dutch after the wild rabbits that lived here in the 17th century. But this white bunny with black ears is a Californian breed of domestic rabbit and has lived her entire life outdoors in the boardwalk garden. “It’s a girl, 7.8 lbs, all those carrots!” Leung said. After the rabbit ran off when the garden was bulldozed by developer iStar on December 28, she was seen intermittently, usually after dark.

Leung, a volunteer with Rabbit Rescue and Rehab, the New York City chapter of the House Rabbit Society, has spent the last 10 days trying to catch the elusive bunny with the help of gardener Carolyn McCrory “I’m exhausted,” he said when ATZ phoned on Saturday morning to ask how it was going. The Queens resident has been traveling once or twice daily from Astoria to Coney Island to leave food, water and shelter in an attempt to befriend and net the rabbit before the bitter cold temps return. Fellow rabbit owner Mindy Jackson also helped to feed the rabbit during the ten day ordeal.

Coney Island Bunny

Coney Island Bunny hiding out. January 16, 2013. Photo © William Leung

If you’re wondering How to Catch a Stray Bunny, Rabbit Rescue and Rehab says it may take several attempts before the bunny is comfortable enough to let you anywhere near him. Among the suggestions: “Sit or lie down and have carrots and alfalfa hay and banana on hand. Do not overfeed the bunny and do not leave these treat items behind for him—you want him to crave these special foods and you want him to associate them with only you. You also do not want him to gorge on them and thus not be interested when you return to try to catch him again.”

While the banana worked like a charm with another bunny, the Coney Island coney was Leung’s most difficult rescue yet, he says. First of all, the rabbit kept returning to its former home in the bulldozed garden but the site managers for amphitheater developer iStar Financial would not allow Leung access to the site, claiming liability issues. People who came to feed the feral cats inadvertently upset his plan to herd the bunny when they cut holes in the mesh fence for the cats, which the bunny also used to escape. After neighbors harassed him on Thursday, Leung grew increasingly frustrated with the situation, but said he would go out again this weekend. Luckily, he was successful today.

Rabbit Rescue and Rehab is an all-volunteer, nonprofit organization whose primary goals are to rescue abandoned rabbits and find permanent indoor homes for them as well as to educate the public and assist humane societies. “We’re the primary bunny rescue group that works with ACC,” says Leung, referring to New York City’s Animal Care and Control. “Our volunteers go there every day to feed the rabbits.”

Share

Related Posts on ATZ…

January 8, 2014: Bunny Returns to Bulldozed Coney Island Garden, Kitten Euthanized

September 19, 2013: Photo of the Day: Coney Island Parakeets Go for a Walk

June 17, 2013: Photo of the Day: Paquito the Chihuahua in Coney Island

April 1, 2013: Sea Rabbits Swim Ashore in Coney Island, Up For Adoption

Read Full Post »

Older Posts »

%d bloggers like this: