New Lease On Life for Old Coney Island Businesses

Monday, December 12, 2011

Rendering of the new plan for the Coney Island boardwalk. (Couresty of Central Amusement International)

A little more of old-time Coney Island will stick around, despite the city's redevelopment plans for the area. Ruby's Bar and Grill and Paul's Daughter, two boardwalk businesses that had been fighting eviction, will be staying put.

The Bloomberg administration gave Central Amusement International a 10-year contract to oversee the boardwalk and operate the Luna Park amusement area. At first, the company had said it wanted to bring in new eateries and businesses to spruce up the boardwalk and be open year round. 

But CAI changed its tune after plans for an upscale restaurant with a Miami-based company fell through. Now, the amusement company has signed eight year leases with Ruby's and Paul's Daughter, two mom and pop businesses that have been operating for decades.

The two restaurants have agreed to invest thousands of dollars to update their facades and renovate their interiors as part of the deal.

Other nearby businesses didn't fare as well, including Cha Cha's Bar, which closed down in October.

Plans for the rest of the area are also being finalized. A new branch of Tom’s Diner, which currently operates a coffee shop in Prospect Heights, Brooklyn, will open next spring, while Nathan's Hot Dogs, the Coney Island fixture, will move into to a new, bigger home on the boardwalk.


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