The Daily News reports that Thor Equities has dropped plans for a highly profitable residential component to its Las Vegas-style amusement park project in Coney Island.

The $2 billion residential project was controversial and had come under attack from city officials and residentsm who believed it would alter Coney Island’s character by including waterfront housing . Thor had originally earmarked 950,000 square feet for residential space.

Now, the plan will have no residential component and no 50-story tower on Stillwell Ave., as had been proposed.