Freedomland was once the ;argesy amusement park in the country – it was bigger than Disneyland (which it was built to compete with). It was entirely within New York City, and was built in the shape of the United States. Yet it stayed open only a couple of years.
http://ourworld.compuserve.com/homepages/robfriedman/
Pleasure Island was once the largest amusement park in New England (and was also inevitably compared to Disneyland). It featured New-England themed rides (Like “The Wreck of the Hesperus” and the cruise for Moby Dick – himself the park’s mascot) and was immensely popular. Yet Pleasure Island stayed open only ten years. Within a couple of years, the deserted park looked as if it had been closed for twenty. Today it’s gone and an office complex is on the site, the only reminder being street signs on 128 and 129 for “Pleasure Island Road”.
http://www.wakefield.org/pleasureisland/index.htm
Why did these parks fail? A reason often given is that they could only open in the summer, and the long winter closing kept revenie down (Unlike Disneyland, in sunny and warm California, and the later DisneyWorld in Orlando, Florida). Here’s a cite that says cold weather was the death of Pleasure Island: http://www.wakefield.org/pleasureisland/years/1976-dream-failed.htm
Yet this can’t be the reason (or at least the only reason) Other large amusement parks exist in the same areas. Some started decades before either of these vintage 1959 parks, and are still going strong today. Six Flags New England, formerly Agawam Park, is easily larger now than Pleasure Island ever was, and it statrted out long before. Canobie Lake Park in New Hampshire is over a hundred years old. Storyland near Crawford Notch is not only much farther north, but higher in elevation. If anyplce ought to close because of snow, this is it. Yet the place is something like 80 years old. Lake George amusement park is still going strong in New York, and Hershey Park has to get socked with worse winters than New York City saw. Busch Gardens in Virginia is further south, but they can’t keep their summer attractions going all year. I could go one with parks in other snowy states, but my point is that weather certainly couldn’t have brought these down.
Real Estate prices finally forced the closing of Palisades Amusement Park in New Jersey (another park that closed in the winter) http://www.palisadespark.com/ , but not until 1971. I don’t think prices had time to hit Freedomland. It’s been said that the 1964-65 World’s Fair, but there were only about six months between the opening of the fair and Freedomland’s declaring bankruptcy. The World’s Fair may have nailed the coffin shut, but it didn’t kill Freedomland.
One thing I notice that both Freedomland and Pleasure Island had that their surviving competitors didn’t was Live Shows with big-name performers. Pleasure Island had The Three Stooges, Ricky Nelson, Caesar Romero, and Lassie.