Theater facade Texas Developer To Renovate NYC Theater
Posted: February 4, 2010 NEW YORK (AP) — A Texas developer is planning a $70 million renovation to revive a once-elegant Brooklyn theater.New York City has selected Houston-based ACE Theatrical Group to restore and operate the Loew's Kings Theater, which opened in 1929.
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The plan is to present live performances there. The 68,000-square-foot venue once featured vaudeville acts and a pipe organ. It showed movies until 1977. The city seized the building in lieu of back taxes. Years of neglect have left their mark. But amid the decay, there are glimpses of glamour - including crystal chandeliers in the lobby. The president of the city's Economic Development Corporation, Seth W. Pinsky, says the space could reopen as soon as 2014. ACE's previous restoration projects include the Boston Opera House. |