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Coney Island Landmark Lives to Serve Another Meal

[Image courtesy of Kinetic Carnival]

With all the property sales and planned demolition and redevelopment in Coney Island, at least one local landmark looks like it's going to come back to life. Child's Restaurant has been leased by Taconic Investment Partners, making it one of the handful of significant Coney properties that isn't owned controlled by developer Joe Sitt and Thor Equities. Which isn't to say that Thor isn't involved. The firm sold an adjacent 168,000 square foot lot that now also belongs to Taconic for $90 million in June after paying only $13 million for it a year earlier. A restaurant is planned for the Child's building. The developers want to build housing with retail on the big empty lot, and haven't ruled out highrises as tall as or taller than the 21-story Parachute Jump.
· Other New Player to Dish it Out at New Child's [Kinetic Carnival]
· New Life on Menu for Eatery [NYDN]