Standard Amusement, responsible for managing Playland Park, has opted out of their 30-year deal, claiming Westchester County failed to fulfill construction obligations. This decision raises concerns over potential delays to the park's seasonal opening and could result in taxpayers being liable for up to $57 million. The situation emerged after ongoing difficulties between Standard and the county, especially after the change in county leadership in 2018. Standard alleges the county missed numerous deadlines, leading to their formal contract termination on January 21 and a demand for repayment of their investment plus interest.
"In November, we alerted the county that we were terminating our agreement, based on their complete failure to meet the construction obligations under the contract."
"By its own admission, the county has missed the contractual deadlines, despite our consistent flexibility and patience, including a blanket one-year extension on all their project deadlines."
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