In a major development for Brooklyn’s iconic Coney Island, the New York City Council has voted to approve a rezoning proposal that paves the way for a $3.4 billion casino and entertainment complex — The Coney. With a 36–11 vote on June 30, the Council’s green light brings developers one step closer to turning this ambitious vision into reality.
But the journey isn’t over yet. Let’s dive into what this means for Coney Island, what’s planned, and what still stands in the way.
What Is The Coney Casino Project?
The Coney is a proposed entertainment and casino development led by Thor Equities and supported by Saratoga Casino Holdings, Legends, and Global Gaming Solutions. It aims to transform a part of Coney Island into a vibrant hub featuring:
- Three high-rise towers (ranging from 153 to 402 feet)
- A 500-room hotel and luxury retail space
- A convention center and 2,400-seat performance venue
- 1,500-car parking structure
- Over one acre of public open space
- Two elevated pedestrian walkways
If approved, the project promises to bring over 4,000 union construction jobs and 4,500+ permanent positions, with a focus on local hiring.
What Does the Rezoning Approval Mean?
The NYC Council’s decision allows developers to:
- Demap part of Bowery Street
- Purchase air rights above neighboring properties
This zoning change is a critical step, but not a guarantee. The project must now compete for one of just three downstate casino licenses that New York State will issue later this year.
What’s the Next Step? State Review and Community Hearings
The state’s Gaming Facility Location Board received applications by June 27. From there:
- A Community Advisory Committee (CAC) will review each proposal.
- Each CAC (made up of six locally appointed members) will hold two public hearings.
- A two-thirds majority vote is required from each CAC for a project to move forward.
Deadline for CAC votes: September 30.
Final state decision expected by: December.
Economic Impact and Developer Promises
Alongside job creation, developers have pledged:
- A $200 million community trust managed by local residents
- $15 million annually for emergency services
Thor Equities COO Melissa Gliatta stated:
“The more people learn about our project and the benefits it will bring, the more they like it.”
Community Response: A Divided Neighborhood
Despite economic promises, local reactions are mixed:
🚫 Concerns
- Community Board 13 rejected the rezoning earlier this year
- Worries about traffic, crime, and loss of historic character
- Over 20,000 petition signatures collected in opposition
Council Member Inna Vernikov, who represents many in the affected district, voted against the proposal:
“A majority in the community do not want a casino in Coney Island.”
Support
Some residents and leaders see potential for transformation.
Council Member Justin Brannan, who voted in favor, emphasized the state’s CAC process as the real decider:
“It’s my responsibility to ensure all stakeholders have the opportunity to make their voices heard.”
Cultural Organizations Speak Out
Coney Island USA, known for its Mermaid Parade and museum, is directly impacted by the rezoning. Artistic Director Adam Rinn criticized the vote:
“Let’s be clear… elected officials are supposed to represent their constituents, not developers with deep pockets.”
Voices From the Community
Opinions on the ground reflect the larger divide:
Against:
“The casino will harm small businesses and change Coney Island’s identity.”
In Favor:
“My ‘yes’ is for investments in our youth and working-class renters. We need opportunity,” said local resident Joseph Watson.
What’s at Stake for Coney Island?
The rezoning approval removes one obstacle, but without a gaming license, construction won’t move forward. If the state rejects the proposal, the rezoning becomes void.
With rival bids from Times Square, Yonkers, and Citi Field, The Coney must stand out with strong community support and a compelling vision for sustainable growth.
A Turning Point for Coney Island?
The Coney Island casino project represents both possibility and controversy — a promise of jobs and investment on one hand, and fears of cultural erosion on the other.
Your Voice Matters
If you live in or care about Coney Island, now’s the time to engage. Attend hearings, share feedback, and help shape the future of your neighborhood.
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