New Space For Astroland in Coney Plan Is Dumped!
President of the Coney Island Development Corporation, Lynn Kelly, told the Post that a new site near the boardwalk large enough to house a reassembled Astroland theme park could not be found in time to make it possible and feasable. The time has come where owner and operator Carol Albert needs to make a decision as to sell the rides now or not. If Albert waits, she could suffer significant financial loss.
Richard Calder writes:
Albert's lease runs through January, but she said she must begin selling her 23 rides by the end of the month or risk massive financial losses.
The Post reported last month that Thor is seeking $3 million in rent for Astroland to help recoup some of the $30 million it paid Albert for the 3.1-acre park property last year. Albert, however, wants to continue paying $170,000.
A Thor spokesman said the $3 million figure is now lower but declined to
Now is the time to rally up in support to demand Thor Equities to offer Astroland a lease to open another year at its current location - which has been its home for the past 45 years.
ASTROLAND DOOMED AT CONEY IS. [New York Post]
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