The New York City Economic Development Corporation has reached a deal to buy the roughly one acre of parcel of land occupied by Deno’s Wonder Wheel kiddie park in Coney Island. Gowanus Lounge has the press release from the NYCEDC with details about the purchase, which is part of the city's controversial plan to rezone 12 acres of amusements as parkland and turn the management over to a "world class operator." Last May the Vourderis......

Governor Spitzer is facing opposition in his attempt to snuff out any Javits Center expansion by selling land surrounding the center to fill budget gaps. The administration still plans to renovate the convention center, but it will result in far less space than what was originally envisioned for the expansion, which would have cost between $1.8 billion and $3 billion. Senator Charles Schumer, Mayor Bloomberg and City Council speaker Christine C. Quinn oppose the land......