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City could use eminent domain for Coney
City officials said yesterday they had not ruled out using eminent domain to acquire land from Thor Equities for a proposed redevelopment of Coney Island. The redevelopment plan, which covers a 47-acre area, has always included an eminent domain option, but city officials previously said they did not plan to use it. The city has offered Thor $105 million for 10.5 acres of Coney Island land, but Thor President Joe Sitt has said he will not accept less than $165 million. “I’m not saying we will use eminent domain…I’m not saying we won’t,” Economic Development Corporation President Seth Pinsky told City Council members yesterday.