Gothamist

A non-profit newsroom, powered by WNYC.

Gothamist

WNYC Listen Live

Donate

 

 

News

Good Bye, Astroland; Next Summer Will Be Its Last


By

Jen Chung

Published Nov 29, 2006

Modified Mar 7, 2008


Share

FacebookTwitterRedditEmail


Never miss a story

 Email address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .


By

Jen Chung

Published Nov 29, 2006

Modified Mar 7, 2008


Share

FacebookTwitterRedditEmail


We rely on your support to make local news available to all

Make your contribution now and help Gothamist thrive in 2026. Donate today

Gothamist is funded by sponsors and member donations

The three-acre Astroland site on Coney Island was sold to Thor Equities for an unspecified amount of money. Thor, which has ambitious plans to turn Coney Island into a year-round resort, complete with residences, has already bought $100 million worth of properties in the area. Astroland will close after the summer of 2007. Cyclone fans, don't worry: The Cyclone is on city land and will continued to be operated by Astroland owners, the Albert family.

Carol Hill Albert said, "It's not something we're happy about; it's sad. It was the only logical alternative to going out of business altogether." She said that she wants to relocate some rides to other parts of Coney Island, but others will be cleared for Thor's planned new rides and entertainment area. The Alberts did keep ownership of the water flume and Astrotower, though they exactly can't move the Astrotower (Albert said to reporters, "You can put it on eBay for me.")

The Daily News had a fun juxtaposition of quotes. Thor's spokesman said, "We're thinking totally outside of the box. We're thinking something spectacular that would be really great for New York City," while one resident said, "It's not going to be Coney Island the way I know Coney Island. They're going to make it nice."

Photograph by Tien Mao

Tagged

city

coney island

daily news

ebay

entertainment

fun

money

new york

new york city

news

real estate

the cyclone

the daily news

thor equities

Tien Mao


Jen Chung

Jen Chung is a former WNYC and Gothamist editor.

Read more

Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


MORE news

NYC has a plan to stop homeless people from cycling between hospitals and the streets

The Bridge to Home program, which began last year, will officially expand to Brooklyn on Tuesday.

By

Karen Yi

Published Sep 29, 2026 at 8:00 a.m. ET


Early Addition: Billy Joel is auctioning off 70 of his motorcycles

Because he doesn't need that many bikes, here are your early links: NYC Ferry fares could be going up, Hell's Kitchen climbing gym closing, Jalen Brunson just wasn't that funny on SNL and more.

By

James Ramsay

News

Early Addition: Billy Joel is auctioning off 70 of his motorcycles

Because he doesn't need that many bikes, here are your early links: NYC Ferry fares could be going up, Hell's Kitchen climbing gym closing, Jalen Brunson just wasn't that funny on SNL and more.

By

James Ramsay


Man dragged to death by Subway in Brooklyn after getting caught on closing doors

By

Brittany Kriegstein

Upper East Side braces for affordable housing fast track, and backlash from residents

By

David Brand

Plan to modernize NYC's diesel-spewing produce market falls apart under Mamdani

By

Elizabeth Kim


Never miss a story

Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.

Sign upEmail address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .