New York Mayor Michael Bloomberg’s long-awaited rezoning plan for Coney Island was finally released yesterday. But while most news outlets were distracted by the pretty pictures, they largely missed the bigger story – the city’s plan to use a never-before-tried zoning ploy to stick a fork in developer Joe Sitt’s condo dreams:

The reverberations from Mayor Bloomberg’s bombshell announcement that he intended to remap Coney Island’s amusement district as parkland were still echoing Thursday night when neighborhood denizens piled into Our Lady of Solace Church on Mermaid Avenue to hear Coney Island Development Corporation president Lynn Kelly give her board—and the public—the lowdown on the city’s plans.

The upshot, two hours of Powerpoint later: Bloomberg is moving ahead with plans to revamp the amusement district, but Joe Sitt’s condos-by-the-boardwalk plan is off the table—and the city plans on salting the earth to make sure things stay that way… [read more]