Bloomberg is a businessman himself and believes in achieving profits through growth and development. He believes in advantages of empowering the private sector and his administration has expedited permits and sanctioned building designs with minimum interference. The administration has been encouraging companies to start business in Coney by providing incentives in the form of tax breaks and freeing up unutilized areas along the beachfront.
The general public was divided in their opinion about the proposed development of the amusement park. While some agreed that a sophisticated and expensive amusement park was required in Coney to attract tourists, especially from neighboring areas, others were wondering about the costs to be incurred and whether the place would get enough tourists. Some were of the opinion that since people would visit Disneyland and other specialized places for amusement and vacations, there would not be enough money coming into the city through the new plans.
As Charles Bagli wrote in The New York Times, "The proposed rezoning, which covers 19 blocks and 47 acres from the New York Aquarium west along the oceanfront to Highland View Park, would transform an area pockmarked with empty lots and seedy buildings that still manages to attract millions of visito ...Show more