Going on right now: a City Council re-zoning hearing about Bloomberg's plan to rezone 20 blocks of the Coney Island
waterfront for high-rise condo towers, apartments and hotels

A city-owned amusement park in one section is also part of the plan.

And guess what? City
officials are reserving the use of eminent domain to acquire the
property if necessary.

Luckily, the beach and the boardwalk will stay the same, as will the Cyclone Roller Coaster and Wonder Wheel, which are protected by landmark status.

Phew.

The hearing of the City Council's Zoning and Franchises began at 10 this morning. The council will vote on this matter by August 7th.