After years of talking about it, the city announced yesterday that it had finally found developer to restore and run the historic Loew’s King Theatre at 1025 Flatbush Avenue. Under the plan structured by the EDC, the Houston-based ACE Theatrical Group, which has restored a number of historic theaters around the country, would put up $5 million towards converting the building, most recently used in 1977 as a movie theater, to a performance space, while the city would kick in $50 million in development funds and another $15 million in tax credits. We feel like we have a deal we can deliver on, said Seth W. Pinsky, president of the New York City Economic Development Corporation. We are confident this project is going to move forward. The plan is for the refurbished theater to host approximately 250 live events, including concerts, theatrical performances and community events.
As luxury high rises sprout up on every vacant lot in south Williamsburg, sale prices in the area are expected to match those of north Williamsburg in a few years, said a story in The New York Times. Right now they trade at about a 15 percent discount, or $1,000 per square foot, vs. the […]
Crazy weather — although this is not the latest it has snowed in Brooklyn, according to The New York Times. That was May 9, in 1977. We hope this doesn’t wreck our tulips, which were just about to bloom today. (You can see their tiny heads at the end of our yard, in front of […]
A No-Kill Approach With Brooklyn’s Feral Cat Population [NY Times] New Brooklyn Perfume Stores: Atelier Cologne and Twisted Lily [NY Times] Nirvana Plays Secret Reunion Gig in Greenpoint Dive Bar Saint Vitus [NY Post] East Flatbush Tenants Suing Landlord Detail Illegal Tactics at Press Conference [NY Daily News] Advocates: Under-Construction Parking Lot in Prospect Park Is […]
Teaser Site out for 210-Unit Greenpoint Development at 1133 Manhattan Avenue [BBH] The Bergen Tile Building Is Gone [Park Slope Stoop] See Films by Ditmas Parkers, in Theaters and From the Comfort of Home [Ditmas Park Corner] Brooklyn Church Fires Being Investigated as Hate Crime, Police Say [DNAinfo] Get Your Grilled Cheese Fix at The Wheelhouse’s Grand Opening Party […]
Tenants at Homewood Gardens Estates in East Flatbush claim their landlord is trying to push them out in favor of white tenants willing to pay higher rents, according to a lawsuit filed in federal court. The suit alleges that landlords Yeshaya Wasserman, Shay Wasserman and Yitzchok Rambod ignored repair requests, forced evictions and offered cash buyouts, the […]