Friday, November 13, 2009

homework - Coney Island sold for $96 million

Click HERE to watch the video. Then read the story and answer the questions.

New York City - Mayor Michael Bloomberg announced Thursday that the city will buy most of the Coney Island boardwalk for $95.6 million, and said he will make it a permanent amusement area.

The city will purchase 6.9 acres, mostly situated along the waterfront, making 11 acres of a proposed 12.5-acre amusement park public property.

The mayor also said in the City Hall press conference that 10 acres would be ready for business by next summer.

City officials want to turn the area in several years into a year-round entertainment destination with hotels, restaurants, retail space and a new roller coaster.

Sources tell NY1 that private developer Joe Sitt will retain 6.5 acres in Brooklyn to build hotels, restaurants and stores.

The group "Save Coney Island" says the city needs to purchase all the land or Coney Island's future will still be at risk.

Questions:
1) Where did this story take place?
2) when did this story take place?
3) How much is the city buying the 10 acres in Coney Island for?
4) What does the city plan to build on the land?
5) How many acres did Joe Sitt keep?
6) What does the group "Save Coney Island" think?

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