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By Accord Real Estate Group

Park Slope Pavilion Theatre Condo Conversion

August 25th 2015
Tags: Real Estate News, Brooklyn Attractions, Brooklyn Real Estate

I’ve been going to see movies at the Pavilion Theatre for years. The Pavillion building was originally built in the neo Rennaisance Style and opened in 1928. The building has a great location in the beautiful and historic Park Slope neighborhood. Many real estate companies in Brooklyn and real estate agents in Brooklyn are familiar with this property.

Developer Hidrock Realty had purchased the Pavillion Theatre building located at 188 Prospect Park West in 2006 for $16M and purchased a vacant restaurant property next door to the theatre at 190 Prospect Park West in 2012 for $3,090,750.00. A condominium conversion is planned. Both buildings are located in the Park Slope Historic District Extension.

The proposed development would have 24 condos with 16 indoor parking spaces and a new, but smaller movie theatre.

At a recent public hearing regarding the proposed makeover, one neighborhood resident said “ the new building is a disaster, visually and contextually.”

After reviewing the design proposals for the development, The City Landmarks Preservation Commission have rejected the proposals and sent them back to the drawing board.

Morris Adjmi architect has made some changes to the design of the project and the LPC is expected to review the changes and respond to the developer and architect.

The latest news on the approval process of the design of this project is that The Community Board 6 Landmark Committee has voted to conditionally approve the design as long as the following change are adhered to:
The cornice of the new building must match the height of the adjacent building on Bartel – Pritchard Square, the look of the new building must reflect the character of neighboring buildings and the color of the brick should be light brown like other Park Slope historic buildings.

For more on the latest news about Park Slope real estate call us at Accord Real Estate Group at 718-375-2065.

If you are planning to sell your Brooklyn property whether residential property, commercial, mixed use, multi family, vacant land or development opportunity call Jeff and Anna. You will be very happy that you did