The Coney Island Bank Building Is Gone Forever – R.I.P.

You know, all this time, I secretly believed the Coney Island Bank building would somehow be saved.

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Sure, it’d take a miracle, but when I saw this conceptual idea of one way it could be restored, I thought: maybe it’ll all work out in the end.

Maybe one of the last few historic Coney Island buildings will not only to survive, but prosper as a concert venue or event space. Maybe Thor CEO Joseph Sitt will have an Ebenezer Scrooge-like change of heart at the zero hour. Maybe this dilapidated but gorgeous historic building, a last vestige of a Coney Island that is no more, will be brought back to life.

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Nope.

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Photographer Lindsay Wengler took these heartbreaking photos of the demolition, which is now past the point of no return. Check out her site for a full look at the destruction. And here’s my post covering the entire interior, if you want to see what’s been lost forever.

But hey, it’s just business!

So here’s my question. A few years ago, a major movie was considering filming in the bank building, and my recollection is that part of the location agreement included paying for a full asbestos abatement. The deal ultimately fell through, and the asbestos abatement was allegedly carried out by Thor this summer…

But is anyone testing to see if they got it all? I heard the cost was estimated at over $25K, which seems like a major undertaking to me.

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Picture by Lindsay Wengler

Don’t let anyone convince you that Thor gives a shit about saving Coney Island. Look at their track record, and you’ll see they buy, demolish, and resell. Call their office, and you’ll find that no one answers the phone. Scouts I know that have dealt with them describe them as fitting every sleezy developer stereotype, right down to the tacky clothing and greasy hair.

Really heartbreaking when the dipshits at Thor get their hands on a gem like the Coney Island Bank. I’m starting my watch today to time how long it takes Thor to put something up on this site that adds any value to Coney Island.

And all the while, Joseph Sitthead just laughs and laughs…

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-SCOUT

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