Proposed rendering of Shore Hotel via Gerner Kronick + Valcarel for Landmarks Preservation Commission
As exciting as Coney Island’s renaissance has been, some locals worry that the revitalization is coming at the expense of the neighborhood’s rich history. For these people, the famed and landmarked Shore Theater presents the best of both worlds: Developer PYE Properties plans to restore the exterior to its former glory while converting the interiors to new retail and hotel space. The Coney Island Beach and Boardwalk will be a powerful draw come summer, and Mayor de Blasio’s plan to add a new ferry route from Coney Island to Wall Street will make the new hotel a year-round destination.
Originally known as the Loew’s Coney Island Theater, the Renaissance Revival-style theater hosted vaudeville shows before it became a movie house. The theater has fallen into disrepair since it closed in the 1970’s, and its signature “Shore” sign was badly damaged in Superstorm Sandy. A presentation prepared by Gerner Kronick + Valcarel calls for new storefronts, new windows, new limestone columns, a new sign, and the removal of fire stairs. Hotel amenities are said to include a spa, parking garage, outdoor rooftop terrace with pool, and a restaurant enclosed by glass bricks. The local community board’s Land Use Committee unanimously approved the proposal (h/t Brooklyn Paper), and it will go before the Landmarks Preservation Commission on the morning of Tuesday, January 15.
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While new development in Coney Island isn't as rampant as in other Brooklyn communities, there are significant large-scale projects underway like Surf Vets Place, a mixed-use development on Surf Avenue that includes a 20-story residential tower with amenities, retail and also supportive housing. The development's affordable housing lottery recently launched and qualifying New Yorkers earning 50 and 60 percent of the area median income can apply for the units ranging from one- to three-bedroom layouts.
The Shore Theater is across the street from the original Nathan’s Famous hot dog restaurant and a short walk from Luna Park, MCU Park, and Grimaldi’s. A few blocks away, a full-block mixed-use complex known as Coney Island North Venture is taking shape according to designs by Handel Architects. In addition to the planned ferry stop, the Coney Island-Stillwell Avenue subway station is one block away.
NYC Ferrys most recent expansion map that will bring service to Coney Island in 2021
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City
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