Say Goodbye To Astroland, Coney Island.

Unable to come to terms with the landlord, Thor Equities, Astroland instead will close up shop. This Sunday will be the final day, says co-owner Carol Albert, whose lease ends in January. "My employees cannot live in a state of limbo any longer. It takes six months to pack up a three-acre amusement park that has been in operation for 46 years, so a Jan. 31 deadline means start packing yesterday. We are out of time," said her statement, printed in the New York Times. Albert and her husband sold the land to Thor Equities for $30 million in 2006, and later the company offered renderings of the mixed-use amusement park it planned to create, including shops and housing. The Alberts accuse Thor Equities of turning their backs on the amusement park in favor of creating retail and expensive residential projects.
I am somewhat sorry to see Astroland go the way of other urban amusement parks, but it was time.

Brownstoner.com