Will Brooklyn’s decaying Kings Theater finally be saved? According to this NY Times article, a developer has made a $70 million dollar agreement to renovate, with plans for it to become a live performance venue. Finally!
Check out my post on the theater for more info. Opened in 1929, the theater (one of the five Loew’s movie “palaces”) closed its doors in 1977 and was abandoned to rot.
Over thirty years later, things haven’t been looking so pretty at the Kings.
But $70 million is a lot of money. How much will be saved of the original theater? According to a rep from ACE Theatrical, the developer, “We’ll be able to recreate what it looked like when it was first put into use,” he said. “We’ll be able to very accurately recreate what is no longer there and restore what is there.”