RYE, NY — Westchester County Executive Robert P. Astorino announced an agreement today that will invest $25 million in private money into Playland over the next five years, securing the long-term future of the county’s iconic 100-acre amusement park in Rye.
Nicholas Singer, a successful investor and native of Westchester, architected the deal to restore the special character of a park he frequented as a child. The $25 million investment will go toward revitalizing Playland with new rides and attractions, as well as upgrading food choices, picnic areas, and restaurants and renovating grounds and buildings. Proposed new rides include a Double AquaLoop Slide, UniCoaster and a mini water park for young children.
“This deal meets our three goals for preserving Playland,” said Astorino. “It stops the losses for taxpayers, which have been running about $4 million a year, it puts the park in the hands of a top-flight operator with strong financial resources and decades of experience, and it revitalizes Playland as a must-visit destination for family fun for years to come.