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People walk along a street at Coney Island (Credit: Getty)

People walk along a street at Coney Island on July 12, 2012 in Brooklyn.

Coney Island development plan

Photos of amusement park rides at Coney Island.

A woman with a series of tattoos on
(Credit: Getty)

A woman with a series of tattoos on her back orders lunch at Nathan's at Coney Island on July 12, 2012 in Brooklyn.

A man takes a rest while waiting for
(Credit: Getty)

A man takes a rest while waiting for customers at his basketball game off the Coney Island boardwalk on July 12, 2012 in Brooklyn.

People walk along the boardwalk in Coney Island
(Credit: Getty)

People walk along the boardwalk in Coney Island on July 12, 2012 in Brooklyn.

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People walk along a street at Coney Island
(Credit: Getty)

People walk along a street at Coney Island on July 12, 2012 in Brooklyn.

A man takes a rest near the boardwalk
(Credit: Getty)

A man takes a rest near the boardwalk in Coney Island on July 12, 2012 in Brooklyn. Coney Island has until recently been viewed as a seedy and dilapidating seaside park, however, it is going through a gradual transition which many compare to the renovation of Times Square. In order to accommodate more shops and residential buildings, Mayor Michael Bloomberg's administration rezoned Coney Island in 2009. The city also bought seven acres of prime Coney Island real estate promising approximately $150 million in infrastructure upgrades in the area. A recent study found that Coney Island's Luna Park had 640,000 visitors in 2011, the most since Steeplechase Park closed in 1964.

A woman walks down the boardwalk in Coney
(Credit: Getty)

A woman walks down the boardwalk in Coney Island on July 12, 2012 in Brooklyn.

People enjoy an amusement ride at Coney Island
(Credit: Getty)

People enjoy an amusement ride at Coney Island on July 12, 2012 in Brooklyn.

People enjoy the beach at Coney Island on
(Credit: Getty)

People enjoy the beach at Coney Island on July 12, 2012 in Brooklyn.

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People walk along the boardwalk in Coney Island
(Credit: Getty)

People walk along the boardwalk in Coney Island on July 12, 2012 in Brooklyn.

People enjoy amusement rides at Coney Island on
(Credit: Getty)

People enjoy amusement rides at Coney Island on July 12, 2012 in Brooklyn.

People enjoy the beach at Coney Island on
(Credit: Getty)

People enjoy the beach at Coney Island on July 12, 2012 in Brooklyn.

NEW YORK, NY - JULY 12: People enjoy
(Credit: Getty)

NEW YORK, NY - JULY 12: People enjoy the beach at Coney Island on July 12, 2012 in the Brooklyn borough of New York City. Coney Island has until recently been viewed as a seedy and dilapidating seaside park, however, it is going through a gradual transition which many compare to the renovation of Times Square. In order to accommodate more shops and residential buildings, the Michael Bloomberg administration rezoned Coney Island in 2009. The city also bought seven acres of prime Coney Island real estate promising approximately $150 million in infrastructure upgrades in the area. A recent study found that Coney Island's Luna Park had 640,000 visitors in 2011, the most since Steeplechase Park closed in 1964. (Photo by Spencer Platt/Getty Images)

People walk along a street at Coney Island
(Credit: Getty)

People walk along a street at Coney Island on July 12, 2012 in Brooklyn.

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A dilapidating building is viewed for sale at
(Credit: Getty)

A dilapidating building is viewed for sale at Coney Island on July 12, 2012 in Brooklyn.

A homeless man rests in the shade near
(Credit: Getty)

A homeless man rests in the shade near the beach at Coney Island on July 12, 2012 in Brooklyn.

People walk along the boardwalk in Coney Island
(Credit: Getty)

People walk along the boardwalk in Coney Island on July 12, 2012 in Brooklyn.

People walk along a street at Coney Island
(Credit: Getty)

People walk along a street at Coney Island on July 12, 2012 in Brooklyn.

People walk along a street at Coney Island
(Credit: Getty)

People walk along a street at Coney Island on July 12, 2012 in Brooklyn.

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People eat lunch at Nathan's at Coney Island
(Credit: Getty)

People eat lunch at Nathan's at Coney Island on July 12, 2012 in Brooklyn.

People enjoy the beach at Coney Island on
(Credit: Getty)

People enjoy the beach at Coney Island on July 12, 2012 in Brooklyn.

Police stand on a street corner at Coney
(Credit: Getty)

Police stand on a street corner at Coney Island on July 12, 2012 in Brooklyn.

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