NEW YORK CITY-The Department of Buildings has granted permission to raze two of Coney Island's landmark buildings - the Shore Hotel and the Bank of Coney Island despite strong opposition from community groups. The owner of the buildings Thor Equities, a realty development company, is planning to construct transitory buildings in the place of the hotel and bank that will open during the beginning of next year's summer season.For the full story, go to Wall Street Journal.
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