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Astroland to Sleep with the Fishes

[Astroland/Coney Island photo via Flickr/katejacobs]

The Coney Island news blitz continues. While the gang at Thor Equities are still working on convincing the public of their noble intentions, they are also adding a crown jewel to their land portfolio. The Albert family, owners of the Astroland amusement park since 1962, sold the 3.1-acre plot to Thor for about $30 million. Astroland will close up shop for good in fall '07 :-(, but the deal does not include the Cyclone, which the Alberts will still run :-). Thor, which now controls 12 acres on Coney, is eyeing this particular site for possible hotel action, and presumably, giant golden tattooed elephants.
· Brooklyn: Developer Buys Amusement Park [NYT]
· Astroland's swan song [NYDN]
· Here's Coney Island v 2.1 [Curbed]