$200 Million to Fix the Entire Coney Boardwalk?

The city estimates it would cost $200 million to repair the long boardwalk that runs from Brighton Beach to Seagate. That information is in a story by Sarah Ryley in the Brooklyn Daily Eagle. We're not certain why the entire length of the boardwalk would need to be replaced, but the Parks Department estimates that it would cost $500,000 to replace a half-block stretch of boards. And so, the city might be looking to Washington for some money. Rep. Jerry Nadler is said to be exploring "potential channels for federal funding." Apparently, Mr. Nadler and the Chair of Community Board 13 saw someone fall right through the boardwalk recently.

GL Analysis
The most deteriorated area, of course, and the one that represents the greatest hazard to public safety, is a stretch of several blocks in the heart of the heart of the amusement district. The cost of replacing that would be far more manageable and could be a short-term priority. It would also seem to us that both Taconic Investment Partners and Thor Equities could kick in a significant portion of the total repair tab for the amusement district part of the boardwalk as part of any deal the city reaches with them. The question is, will people again risk injury next summer as critical short-term repairs are put on hold?