Coney Island: The annual New Year’s swim at Coney Island used to be only about jumping into the frigid ocean — but now, the Polar Bear Club is finding itself in uncomfortably hot water for accepting a donation from Thor Equities, the mega-bucks developer that wants to create a Vegas-style amusement and residential district along the Boardwalk. Comments (3).

Coney Island: This year, Coney Island residents debated two visions for the neighborhood — one presented by the Bloomberg Administration, the other presented by the area’s principal landowner, Thor Equities. This week, we invited a proponent of each plan to slug it our in our first ever Coney Island Smackdown! Comments (29).