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.
The 42-story, 287-key hotel under development at 310 West 40th Street, in the Garment District section of Midtown, now appears to be a few concrete pours away from topping out. The construction progress can be seen in photos posted to the YIMBY Forums by user JC_Heights. The latest building permits indicate the completed tower will measure 117,280 square feet and stand 420 feet in height (although the bulkhead will bring the tower’s pinnacle to 472 feet). The hotel rooms should average 310 square feet apiece and guest amenities will include a fitness center, meeting rooms, a lounge/bar/terrace on the ground floor, and a restaurant & bar across the 40th and 41st floors. Helm Management Inc. is the developer and Nobutaka Ashihara’s Financial District-based firm is the architect. Completion can probably be expected by the end of the year.
Booming Brooklyn’s Boerum Hill neighborhood is closer to seeing another development come to fruition. Exterior work is nearing completion at the Boerum, located at 265 State Street (a.k.a. 140 Schermerhorn Street).
North Bergen, N.J.-based Nehalkumar Gandhi has filed applications for a 13-story, 48-key hotel at 79 Eldridge Street, on the Lower East Side. The structure will measure 19,279 square feet. The ground floor will host the hotel lobby and a reception area, and hotel rooms will be located through the 12th floor. Individual hotel rooms should average 310 square feet apiece. On the 13th floor, there will be 1,243 square feet of space for a community facility. Amenities include a fitness center and bike storage. Michael Kang’s Flushing-based architectural firm is the architect of record. The filings come after a different developer submitted plans in March for a slightly smaller hotel. That one would have contained 10 stories and 38 hotel rooms. The 25-foot-wide, 2,500-square-foot property is currently vacant.
Brooklyn and Queens may already have more hotel rooms than they need, but developers keep building hotels in Long Island City. Last week’s crop of filings brought plans for a five-story hotel at 38-23 38th Street, between 38th and 39th avenues in the Dutch Kills section of the neighborhood.