iStar Financial

3052 West 21st Street

Ford Amphitheater on Coney Island Boardwalk Opens for Business at 3052 West 21st Street

6:00 am on July 5, 2016 By Reid Wilson

Last week, the open-air Ford Amphitheater on the Coney Island Boardwalk, at 3052 West 21st Street in southern Brooklyn, held its ribbon-cutting ceremony. The 5,000-seat venue debuted its first show, Impractical Jokers, on Friday. Live Nation is operating the amphitheater, according to Crain’s, and the location now serves as the new home of Seaside Summer Concert Series, which hosts free shows during the summer months. The three-story former Childs Restaurant Building, an individual landmark, was renovated and incorporated into the new amphitheater structure. The 90,164-square-foot building will also feature a restaurant on the ground floor and the rooftop, although it’s unclear when that will open. The rest of the property includes 40,000 square feet of public open space. The project is the work of iStar Financial, the nonprofit Coney Island USA, and the New York City Economic Development Corporation (NYCEDC). Gerner, Kronick + Valcarcel (a.k.a. GKV Architects) is the architect of record.

2002 Surf Avenue

Nine-Story, 135-Unit Supportive Housing Project Planned at 2002 Surf Avenue, Coney Island

4:00 pm on April 18, 2016 By Reid Wilson

Developer iStar has filed applications for a nine-story, 135-unit supportive housing project at 2002 Surf Avenue, at the corner of West 21st Street on Coney Island, located seven blocks from the Coney Island-Stillwell Av stop on the D/F/N/Q trains. The structure will encompass 118,743 square feet, and will feature 7,815 square feet of ground-floor retail space. The apartments above should average 732 square feet apiece, and amenities listed in the Schedule A include bike storage, a fitness center, a laundry, a community room, an courtyard on the second floor, an a rooftop terrace. Stephen B. Jacobs Group is the architect of record. The developer is ground-leasing the 18,867 square-foot property from the New York City Economic Development Corporation (NYCEDC), according to The Real Deal.

3052 West 21st Street

Childs Building Renovation, Amphitheater Construction Underway At 3052 West 21st Street, Coney Island

11:00 am on February 17, 2016 By Reid Wilson

In the summer of 2015, iStar Financial and Coney Island USA received the green light to begin renovation work on the dilapidated three-story, 56,300 square-foot Childs Building, an individual landmark, at 3052 West 21st Street, on Coney Island. The building will be anchored by a restaurant but will also have community space and a rooftop terrace. An interconnected 5,000-seat amphitheater is also planned on the adjacent lot. The New York Times now reports construction is finally underway on both the Childs Building and the performance venue, and the amphitheater’s metal framework can be seen taking shape. The complex is expected to be complete later this year. The developer are leasing the land from the city through a 10-year contract.

3052 West 21st Street

Construction Imminent On 5,000-Seat Amphitheater & Restaurant At 3053 West 21st Street, Coney Island

6:00 am on June 5, 2015 By Reid Wilson

Developer iStar Financial and Coney Island USA have received the go-ahead to begin construction on the vacant but landmarked three-story, nearly 56,300 square-foot building at 3053 West 21st Street, on Coney Island. The structure and an adjacent vacant lot are being converted into a 90,000 square-foot complex featuring a 5,000-seat amphitheater. According to the Commercial Observer, a restaurant is also planned, and the $53 million project is expected to be finished by the middle of 2016.

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