Topic: Joe Sitt

Thor Equities has just purchased their first eight acres, which would be the entire block below Nathan's ( see map ) and the entire block below the Henderson's Building. According to a member of the Handwerker family they were pressured by Thor ...
Right now real estate mogul self proclaimed developer Joseph J Sitt and businessman and New York mayor Michael R Bloomberg are at war with each other over the future of Coney Island. What is confusing to the uninformed is why Bloomberg and ...

Whose Coney Island?

On a cold January evening, rain poured down onto the dimly-lit asphalt of Coney Island's Mermaid Avenue, pooling in clogged gutters and dark, cigarette-stained alleys. David Malmuth, a dapper young development analyst hired by MAS, told the audience how a "well-executed ...

Coney's Newest Attraction: Nastiness

We told you last week about funky, fighting Coney Island boardwalk retailer Dianna Carlin getting evicted by landlord Joe Sitt's Thor Equities. And we told you about the rather accusatory literature (see above) circulating regarding Mr. Sitt and the Bloomberg administration ...

The Weekly Walk-Through

We learned that: SL Green cut its dividend to make some ready cash. Joe Sitt declined to renew Dianna Carlin's boutique lease. And there's some nasty anti-Sitt lit floating around. '09 will see green apartments, girls clubhouse on Avenue D ...

Harsh. More Anti-Sitt Literature From Coney Diehards

Heres a look at some of the latest creations from a boisterous group of Coney Island enthusiasts, newly energized as Coney mega-landlord Joe Sitt has begun not renewing leases. The group, the Coney Island Coalition, sent an email to us on Wednesday ...

Joe Sitt, Mayor Bloomberg Bond Over Foreclosures

Apparently, Joe Sitt, the mega-landlord/thorn in the city's side at Coney Island, and Mayor Bloomberg don't hate each other after all. At least, not according to this photo from an event yesterday morning, snapped by Observer City Hall reporter ...
Back in the late spring, the city added a few new slides to its Coney Island redevelopment plan PowerPoint, presumably to assuage critics, that showed successively how the core amusement area has shrunk decade after decade to become just a pitiful shadow ...

Return of a Grand Dame

When renovation began in November 2006 on the Palmer House Hilton, which is just a few miles from my home in Chicago, I was especially apprehensive. I've always thought of the Palmer House as one of the city's neglected jewels ...

So Much For Coney's 'Summer of Hope'

It's only July and already the so-called " Summer of Hope" is winding down on Coney Island.Gowanus Lounge is reporting that the various rides and attractions touted by controversial developer Joe Sitt back in April are currently being dismantled, apparently headed ...