# Coney Island Cyclone Needs New Operator

> Coney Island Cyclone seeks new owner for 100th birthday with strict financial rules.
- Title: Coney Island Cyclone Needs New Operator · New York Post
- Summary: Coney Island Cyclone seeks new owner for 100th birthday with strict financial rules. The New York City Parks Department is seeking a new operator for the…
- Keywords: coney island, cyclone, parks department, 100th birthday, roller coaster, financial rules, news, entertainment, Coney, Island, Needs, Operator
- Source: New York Post — https://nypost.com/2026/10/08/us-news/coney-island-cyclone-and-parachute-accepting-bidders
- Published: 2026-10-08T17:43:02+00:00
- Read time: 1 min
- Topics: coney island, cyclone, parks department, 100th birthday, roller coaster, financial rules, news, entertainment
## Coney Island Cyclone Turns 100
The Coney Island Cyclone roller coaster is turning 100 this summer after opening in 1927.
## City Seeks New Operator
The city Parks Department started accepting bids this week for the next business to run the Cyclone and nearby rides for two decades.
## Financial Challenges
The Cyclone lost $330,000 between 2022 and 2025, with sales decreasing annually over the past four summers.
## Revenue Requirements
The winning bidder must generate $2.2 million annually from the Cyclone, with $265,000 going to the Parks Department.
## Infrastructure Needs
The 99-year-old Cyclone needs continuous maintenance, repairs for bracing, brakes, safety equipment, and ADA-compliant ticket booths.
## Parachute Jump Status
The Parachute Jump, defunct since 1964, will be restored with structural surveys but no advertising or obscene messaging allowed.
## Key takeaway

The New York City Parks Department is seeking a new operator for the Coney Island Cyclone roller coaster as it turns 100, requiring $2.2 million in annual revenue and repairs for aging infrastructure.