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	<title>Observer &#187; Coney Island Developer Snubbed By Coney Island Development Roundtable</title>
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		<title>Observer &#187; Coney Island Developer Snubbed By Coney Island Development Roundtable</title>
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		<title>Coney Island Developer Snubbed By Coney Island Development Roundtable</title>

		<comments>http://observer.com/2007/06/coney-island-developer-snubbed-by-coney-island-development-roundtable/#comments</comments>
		<pubDate>Tue, 05 Jun 2007 22:22:36 -0400</pubDate>
					<link>http://observer.com/2007/06/coney-island-developer-snubbed-by-coney-island-development-roundtable/</link>
			<dc:creator>Chris Shott</dc:creator>
				
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		<description><![CDATA[<p>A panel of experts convened by the Municipal Art Society (MAS) will meet Wednesday night to discuss the <a href="/2007/coney-island-worth-saving">forthcoming transformation</a> of Coney Island.</p>
<p>Noticably missing from the debate: Thor Equities developer Joseph Sitt, whose controversial plan to soon raze and reconstruct the Brooklyn beach community&#039;s amusement district includes a proposed rezoning to allow high-rise luxury condos along the boardwalk.</p>
<p>&quot;The panel organizers offered the one developer slot to Taconic,&quot; explained MAS spokesman Brian Connolly, referring to Taconic Investment Partners, which itself is planning a slew of residential development around, but not inside, the carnival-ride and arcade zone.</p>
<p>Details on the Sitt-less event below:</p>
<p style="text-align: center" class="MsoNormal" align="left">&nbsp;</p>
<p style="text-align: center" class="MsoNormal" align="center"><strong><font face="Times New Roman" size="3"><span style="font-weight: bold;font-size: 12pt">TRANSFORMATION OF CONEY  ISLAND</span></font></strong></p>
<p style="text-align: center" class="MsoNormal" align="center"><strong><font face="Times New Roman" size="3"><span style="font-weight: bold;font-size: 12pt">IS SUBJECT OF UPCOMING  PROGRAM</span></font></strong></p>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt"> </span></font></p>
<p class="MsoNormal" align="left"><font face="Times New Roman" size="3"><span style="font-size: 12pt">            Coney Island is changing — fast. A private  real estate developer has announced a $2 billion plan to remake the celebrated  neighborhood and finance it with the construction and sale of luxury  condominiums. The<font color="black"><span style="color: black"> Municipal Art  Society and Coney Island USA are jointly hosting a panel discussion next week to  explore Coney Island’s history and significance, and to review the scope of  redevelopment plans and consider the potential  impacts.</span></font></span></font></p>
<p class="MsoNormal"><font face="Times New Roman" size="3" color="black"><span style="font-size: 12pt;color: black"> </span></font></p>
<p style="text-indent: 0.5in" class="MsoNormal"><em><font face="Times New Roman" size="3"><span style="font-size: 12pt;font-style: italic">Coney Island On the  Cusp of Change</span></font></em> will begin at 6:00 p.m. on <font color="black"><span style="color: black">Wednesday, June 6, 2007 at  457</span></font> Madison Avenue at East 51st Street. Subway: 6 to 51st Street;  E, V to Fifth/53rd; B, D, F to Rockefeller Center. The program is free and open  to the public and news media. <font color="black"><span style="color: black">Seating is limited and reservations are encouraged.  </span></font>RSVP to<strong><span style="font-weight: bold"> </span></strong><em><span style="font-style: italic">rsvp@mas.org</span></em> or  212-935-2075.</p>
<p style="text-indent: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt"> </span></font></p>
<p style="text-indent: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3" color="black"><span style="font-size: 12pt;color: black">Panelists will  include:</span></font></p>
<p style="margin-left: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3" color="black"><span style="font-size: 12pt;color: black"><br />Lynn Kelly,  president of the Coney Island Development Corporation<br />Dan Pisark, president  of the Coney Island History Project<br />John Krawchuk, director of historic  preservation at the city’s Department of Parks and Recreation<br />Aaron Beebe of  Coney Island USA<br />Ari Shalam of Taconic Investment Partners<br />Stuart Pertz, a  former city planning commissioner, will act as  moderator</span></font></p>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt"> </span></font></p>
<p style="text-indent: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt">The Municipal Art Society of New York is a  private, non-profit membership organization whose mission is to promote a more  livable city. Since 1893, the MAS has worked to enrich the culture,  neighborhoods and physical design of New York City. It advocates for excellence  in urban design and planning, contemporary architecture, historic preservation  and public art.</span></font></p>
<p style="text-align: center" class="MsoNormal" align="center"><font face="Times New Roman" size="3"><span style="font-size: 12pt">#</span></font></p>
</pre>
]]></description>
		<content:encoded><![CDATA[<p>A panel of experts convened by the Municipal Art Society (MAS) will meet Wednesday night to discuss the <a href="/2007/coney-island-worth-saving">forthcoming transformation</a> of Coney Island.</p>
<p>Noticably missing from the debate: Thor Equities developer Joseph Sitt, whose controversial plan to soon raze and reconstruct the Brooklyn beach community&#039;s amusement district includes a proposed rezoning to allow high-rise luxury condos along the boardwalk.</p>
<p>&quot;The panel organizers offered the one developer slot to Taconic,&quot; explained MAS spokesman Brian Connolly, referring to Taconic Investment Partners, which itself is planning a slew of residential development around, but not inside, the carnival-ride and arcade zone.</p>
<p>Details on the Sitt-less event below:</p>
<p style="text-align: center" class="MsoNormal" align="left">&nbsp;</p>
<p style="text-align: center" class="MsoNormal" align="center"><strong><font face="Times New Roman" size="3"><span style="font-weight: bold;font-size: 12pt">TRANSFORMATION OF CONEY  ISLAND</span></font></strong></p>
<p style="text-align: center" class="MsoNormal" align="center"><strong><font face="Times New Roman" size="3"><span style="font-weight: bold;font-size: 12pt">IS SUBJECT OF UPCOMING  PROGRAM</span></font></strong></p>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt"> </span></font></p>
<p class="MsoNormal" align="left"><font face="Times New Roman" size="3"><span style="font-size: 12pt">            Coney Island is changing — fast. A private  real estate developer has announced a $2 billion plan to remake the celebrated  neighborhood and finance it with the construction and sale of luxury  condominiums. The<font color="black"><span style="color: black"> Municipal Art  Society and Coney Island USA are jointly hosting a panel discussion next week to  explore Coney Island’s history and significance, and to review the scope of  redevelopment plans and consider the potential  impacts.</span></font></span></font></p>
<p class="MsoNormal"><font face="Times New Roman" size="3" color="black"><span style="font-size: 12pt;color: black"> </span></font></p>
<p style="text-indent: 0.5in" class="MsoNormal"><em><font face="Times New Roman" size="3"><span style="font-size: 12pt;font-style: italic">Coney Island On the  Cusp of Change</span></font></em> will begin at 6:00 p.m. on <font color="black"><span style="color: black">Wednesday, June 6, 2007 at  457</span></font> Madison Avenue at East 51st Street. Subway: 6 to 51st Street;  E, V to Fifth/53rd; B, D, F to Rockefeller Center. The program is free and open  to the public and news media. <font color="black"><span style="color: black">Seating is limited and reservations are encouraged.  </span></font>RSVP to<strong><span style="font-weight: bold"> </span></strong><em><span style="font-style: italic">rsvp@mas.org</span></em> or  212-935-2075.</p>
<p style="text-indent: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt"> </span></font></p>
<p style="text-indent: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3" color="black"><span style="font-size: 12pt;color: black">Panelists will  include:</span></font></p>
<p style="margin-left: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3" color="black"><span style="font-size: 12pt;color: black"><br />Lynn Kelly,  president of the Coney Island Development Corporation<br />Dan Pisark, president  of the Coney Island History Project<br />John Krawchuk, director of historic  preservation at the city’s Department of Parks and Recreation<br />Aaron Beebe of  Coney Island USA<br />Ari Shalam of Taconic Investment Partners<br />Stuart Pertz, a  former city planning commissioner, will act as  moderator</span></font></p>
<p class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt"> </span></font></p>
<p style="text-indent: 0.5in" class="MsoNormal"><font face="Times New Roman" size="3"><span style="font-size: 12pt">The Municipal Art Society of New York is a  private, non-profit membership organization whose mission is to promote a more  livable city. Since 1893, the MAS has worked to enrich the culture,  neighborhoods and physical design of New York City. It advocates for excellence  in urban design and planning, contemporary architecture, historic preservation  and public art.</span></font></p>
<p style="text-align: center" class="MsoNormal" align="center"><font face="Times New Roman" size="3"><span style="font-size: 12pt">#</span></font></p>
</pre>
]]></content:encoded>
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