Originally Posted By disneywatcher >> I think Shapiro realized how truly worthless Magic Mountain was to his bottom line << It's also probably his awareness that the land under the park can be sold for big money to housing developers. If such an option didn't exist, he might be less enthusiastic about shoving the park out the door and instead more interested in trying to turn it around.
Originally Posted By believe For next summer, they should save the $20 million (give or take), they would have spent on a new coaster, and spend it on cleaning up, maintaining, and placemaking the park. That's would bring in more of the big spending family type crowd.