Popular Carousel to Stay on Jersey Shore

The carousel was hand-built in 1910 and has operated in Seaside since 1932

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    AP
    One of the 58 hand-painted animals on the Seaside Heights N.J. carousel is shown here on Monday July 21, 2014. The historic 82-year-old carousel is being sold this fall after surviving Superstorm Sandy and a devastating boardwalk fire intact. Its owners say it is too expensive to maintain and insure. It is one of only about 150 carousels left in the United States. (AP Photo/Wayne Parry)

    A popular Seaside Heights Carousel that survived Sandy and a boardwalk fire will not be going up for sale.

    A deal has been reached to keep the merry-go-round in the Jersey Shore town.

    Under terms of an agreement introduced by the town's council on Wednesday, the town and Casino Pier would swap oceanfront property in exchange for the town taking control of the carousel, the Asbury Park Press reports. 

    The company that owns the carousel announced in July that it was selling the carousel at auction to make room for new attractions.

    The carousel was hand-built in 1910 and has operated in Seaside since 1932. It has 58 animals, 36 of which move up and down. It has two benches and a Wurlitzer organ.

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