The first preliminary renderings have been revealed of the planned mixed-use commercial conversion of the eight-story, 115,000-square-foot Coney Island Theater Building (a.k.a. Shore Theater), an individual landmark at 1301 Surf Avenue, located on the corner of Stillwell Avenue on Coney Island. PYE Properties currently plans to transform the property into retail space and a hotel, while restoring the existing theater, which has been rapidly deteriorating, to an entertainment venue, Brooklyn Daily reported. Office and community space may also be included, depending on the tenants that show interest. Alteration permits haven’t yet been filed with the Buildings Department. Since the building is a landmark, the Landmarks Preservation Commission must approved any exterior alterations. PYE acquired the Shore Theater in January for $20 million. The Coney Island-Stillwell Avenue stop on the D/F and N/Q trains is across the street.
Work is well underway to install the curtain wall on the 11-story, 39-unit mixed-use building under development at 520 West 28th Street, in West Chelsea. The construction progress can be seen thanks to photos taken by ILNY/NYConstructionPhoto (h/t Curbed NY). The building, encompassing 188,696 square feet, was designed by the late Zaha Hadid, who also fashioned the yet-to-be revealed design for another condominium project at 220 11th Avenue, two blocks south. At 520 West 28th Street, the ground floor will host 11,183 square feet of commercial-retail, followed by 39 condominiums on the floors above. On average, the apartments should measure 3,533 square feet. Amenities include a 75-foot-long pool, a private IMAX theater, a spa suite, an entertainment room, a fitness center, private residential storage space, a garden near the lobby, and an automated 11-car parking garage in the cellar. Related Companies is the developer and Ismael Leyva Architect is the architect of record. The structure topped out earlier this year and completion is expected later this year.
Property Markets Group is in contract to purchase the vacant 166,000-square-foot property at 455-459 Smith Street, in Gowanus, for roughly $50 million, DNAinfo reported. The site – bound by Huntington Street to the south, Smith Street to the west, Fifth Street to the north, and the Gowanus Canal to the east – is zoned for manufacturing. It can support 332,000 square feet of commercial development as-of-right in the form of offices, hotels, retail, and manufacturing/industrial space. The eventual new owner is mulling the idea of building a mixed-use development with a hotel, offices, and retail space, although development plans are in very early stages. The site, once home the Citizens Manufactured Gas Plant, is currently undergoing a remediation headed by National Grid. The plant’s last warehouse structure was demolished years ago. The Smith-Ninth Streets stop on the F and G trains is located a block to the south.
As the dust settles after a contentious rezoning in East New York, Brooklyn, the city’s Department of Housing Preservation and Development has set its sights on Brownsville, a neglected and similarly working class neighborhood next door. The housing agency announced the start of a new “neighborhood planning process,” which will collect feedback from residents, organizations, and business owners on how the city could improve the neighborhood.
The Lower East Side is in the midst of a new era of transformation. The Streit’s Matzo Factory has moved, construction of Essex Crossing is humming along, a neighborhood-wide beautification project should reach its goal this summer, and the Lowline is moving forward. The Houston Street corner opposite an iconic deli is also getting a new neighbor, and now there’s a new look at that project.