Parasailing bond traders will no longer be part of the skyline near the Statue of Liberty following a judge’s ruling that a parasail is an aircraft.
Criminal Court Judge Ellen M. Coin rejected the argument of “Parasail New York” owner Alex Santoriello that a parasail is no more than a “moored kite” and should be considered exempt from restrictions on take-offs and landings under the Administrative Code.In 1997, Mr. Santoriello, using his 31-foot customized boat “Airgasm,” opened “Parasail New York,” a business that catered primarily to adventure seekers in the Wall Street area, and charged $55 for a 10-minute ride 300 feet above the water.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]