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Coney Island Development Corporation

Sitt Buckles Into Coney Rollercoaster

Joe Sitt, a 42-year-old developer who has bought up Coney Island’s core, got stung a few weeks ago. The city’s planning director, Amanda Burden, knocked the economic engine that’s supposed to drive the whole thing—condominiums—months before the official rezoning process had even begun. Luxury condominiums, Ms. Burden said at a Feb. 14 Crain’s New York Read More