>live in a comfy coastal family town>boardwalk is strictly protected by zoning for family entertainment, rides, arcades>jewish developer buys iconic boardwalk property from city mayor out of foreclosure for ~$8M>instead of running amusement rides, immediately lets it sit idle and rot>starts lobbying city council to rezone the land from entertainment to a high-density luxury hotel >now claims he "can't make a profit" under existing zoning unless the town lets him build a $150M mega-resort>asks $35M for the dirt if someone tries to buy him out>local boomers on social media fall hook, line, and sinker for the "it's either a luxury hotel or an abandoned wasteland" false dichotomycompletely ignore that land value matches permitted zoning, not private real estate gambles>developers buy protected commercial land, leave it vacant as leverage, and try to force a master plan rewrite>local council goes into closed executive session to negotiate "redevelopment agreements"
>>541826056>buys iconic boardwalk property from city mayor out of foreclosuredoesn't sound profitable when he bought it. Nobody goes to the carnival or whatever now.
>>541826308It’s for children. There’s another amusement park a 10 blocks from this one on the boardwalk that is so busy not that people are going to neighboring islands to beat the crowds.
Gay
