New restaurant coming to Coney Island?

Italian entrepreneur Valerio Ferrari — who runs Coney Island’s Luna Park and controls the businesses along the boardwalk — wants to bring a fancy sit-down restaurant to the boardwalk. “Why can’t you sit down with your newspaper and enjoy a coffee and the great view of the beach?” he asked the Brooklyn Paper. “There needs to be a sit-down restaurant.” Ferrari, CEO of Central Amusement International, has a deal with the city which allows him to broker leases for businesses on the boardwalk between West 10th Street and Stillwell Avenue, giving him the power to decide which of the 11 operating businesses can stay once the leases are up on Dec. 31. Ferrari said the fate of the businesses — who were all asked to submit business plans justifying their existence — will be revealed by the end of the month. “Some will stay, some will go,” Ferrari said, but he would not reveal any details, though local owners are eager to find out. [Brooklyn Paper]