In a press release yesterday Joe Sitt's statement reads:
"As we've said time and again, the city's zoning proposal as it currently stands will not lead to the revitalization of Coney Island,but rather to years, if not decades, of more of the same decline for the former People's Playground. By sacrificing any hope of private investment in Coney, the city is in real danger of passing zoning that will waste a once-in-a-lifetime opportunity to return Coney to its heyday.
As the largest landowner in the amusement district, we stand ready to work with the city to come up with a zoning proposal that encourages private investment, allows for year-round amusements, games, shopping and other activities, and ensures significant job creation."
The statement released yesterday by Loren Riegelhaupt, Senior Vice President, KnickerbockerSKD