The New Coney Island - Brooklyn's Times Square by the Sea

Wednesday, December 31, 2014

The transformation to Times Square by the Sea begins tonight!

A New Coney New Year's Eve tradition is born tonight at the Parachute Jump. And remember to come out for the Polar Bear Swim also tomorrow at 1 PM.

I want to thank everyone in Brooklyn for their continued support of the New Times Square by the Sea - Coney Island! We are just getting started! You ain't seen nothin yet!

News12 video - Coney vs Times Square tonight!

Excerpt -

BROOKLYN - It's nearly time to ring in the New Year, and what better way to celebrate than from the comfort of your own borough. 

For the first time ever, Brooklyn will rival Times Square with its own version of a ball drop in Coney Island.

http://brooklyn.news12.com/news/brooklyn-gears-up-for-own-year-s-eve-with-parachute-jump-ball-drop-in-coney-island-1.9760467

Sunday, December 28, 2014

Happy Holidays!

From Zigun's Twitter -


Predictions for Coney Island's Future: Got some insider info yesterday I can't share as facts...so I predict great changes to Surf Avenue

Wednesday, December 24, 2014

Rybak Development has big plans for El Greco site and South Brooklyn

Crains excerpt -

Rybak Development & Construction, a prolific residential builder in south Brooklyn, has purchased the 40-year-old El Greco Diner in Sheepshead Bay for $13 million. Rybak plans to raze the diner and construct a 90,000-square-foot condo building with ground-floor retail space in its place.

The diner and its large parking lot occupy a full block at 1821 Emmons Ave. The Venetoklis family, who recently announced they were shuttering the Sheepshead Bay staple, owned and operated the property since the 1970s. 

The deal is the third that Rybak has done in the neighborhood in the past two years. The firm purchased 3041 Ocean Ave. for roughly $4 million in 2013, and is in the process of developing a 60,000-square-foot condo project there. It is also constructing a 100,000-square-foot residential building at 108 West End Ave. in Manhattan Beach, just south of Sheepshead Bay.

"They’re building a little empire in an area of the city that is really changing," said Erik Yankelovich, a broker with GFI Realty who handled the sale of both 1821 Emmons Ave. and 3041 Ocean Ave. "Prices in south Brooklyn are half of what they are in places like Williamsburg, and you’re seeing young professionals moving there."

http://www.crainsnewyork.com/article/20141223/REAL_ESTATE/141229969

Tuesday, December 23, 2014

The Rise of the Chain Stores in NYC

You ain't seen nothin yet! Love it! Brooklyn respect!

NYCfuture.org excerpt -

Our seventh annual ranking of national retailers in New York City reveals that the expansion of chain stores across the city picked up considerably over the past year. Overall, there was a 2.8 percent increase in the number of national retail locations between 2013 and 2014, a much more significant increase than the 0.5 percent gain between 2012 and 2013.
 
Our analysis shows that the 309 retailers that were listed on last year’s ranking expanded their footprint in New York City from a total of 7,303 stores in 2013 to 7,508 stores in 2014, a 2.8 percent increase.1 This marks the sixth straight year there has been a net increase in the number of national chain stores in the five boroughs. 

For the seventh consecutive year, Dunkin Donuts tops our list as the largest national retailer in New York City, with a total of 536 stores. Over the past year, Dunkin Donuts had a net increase of 21 stores in the city (a 4 percent gain). Subway is still the second largest national retailer in the city; gaining one additional store over last year’s total to make 468 locations across the five boroughs. Rounding out the top ten national retailers in New York are: Duane Reade/Walgreens (with 318 stores)2, metroPCS (294), Starbucks (280), McDonalds (244), Baskin Robbins (210), Rite Aid (2010), T-Mobile (185) and GNC (156). In all, there are now 16 retailers with more than 100 stores across the city.

Almost a third of the 300 national retailers on this year’s list3 increased their footprint in the city by at least one store over the past year, compared to 29 percent last year, and 27 percent reduced their footprints since last year. A few national retailers, including Coldwater Creek, Submarina CA Subs, Gloria Jean’s Coffees, Juicy Couture and Goodburger closed all of their New York City locations since last year. The remaining 40 percent of retailers did not have a net change in the number of locations in the city.

All boroughs except Staten Island experienced net increases in the number of national retailers, with Queens seeing the largest year-over-year percentage increase in the number of chain stores. Between 2013 and 2014, the number of national retail locations in Queens increased by 6.4 percent, going from 1,663 stores last year to 1,770 stores this year. The Bronx saw the second highest percentage increase in the number of national retailers (+4.2 percent—from 877 stores in 2013 to 914 stores in 2014), followed by Brooklyn (+3.4 percent—from 1,540 stores to 1,593) and Manhattan (+0.4 percent–from 2,798 stores to 2,808). The number of national retailer locations on Staten Island remained the same since last year, at 425.

Starbucks has more stores in Manhattan than any other national retailer, with 205 locations. In each of the other boroughs, Dunkin Donuts tops the list—it has 161 stores in Queens, 125 in Brooklyn, 79 in the Bronx and 31 on Staten Island.  Starbucks actually had a net loss of seven locations in Manhattan and one on Staten Island, and net increases in all the other boroughs.

Among the retailers with significant store growth over the past year:

  • metroPCS: 294 locations, up from 261 in 2013 and 7 in 2009
  • T-Mobile: 185 locations, up from 161 in 2013 and 96 in 2009
  • CVS: 140 locations, up from 118 in 2013 and 107 in 2009
  • Dunkin Donuts:  536 locations, up from 515 in 2013 and 429 in 2009
  • GNC: 156 locations, up from 138 in 2013 and 110 in 2009
  • 7-Eleven: 139 locations, up from 124 in 2013 and 59 in 2009
  • Checkers: 28 locations, up from 18 in 2013
  • Chipotle: 50 locations, up from 43 in 2013 and 25 in 2009
  • Cohen’s Fashion Optical: 58 locations, up from 51 in 2013 and 45 in 2009
  • Family Dollar: 66 locations, up from 60 in 2013 and 5 in 2009
  • Applebee’s: 30 locations, up from 26 in 2013 and 17 in 2009
  • L'Occitane:  23 locations, up from 14 in 2013 and 12 in 2009
  • Modell’s: 43 locations, up from 39 in 2013 and 34 in 2009
  • Pret A Manger: 39 locations, up from 34 in 2013 and 21 in 2009
  • Urban Outfitters: 14 locations, up from 10 in 2013 and 7 in 2009
  • Second Time Around: 11 locations, up from 5 in 2013
  • Tiger Schulmann’s: 11 locations, up from 6 in 2013 and 7 in 2009
  • M•A•C Cosmetics: 16 locations, up from 12 in 2013 and 7 in 2009
  • Chop’t: 14 locations, up from 11 in 2013 and 8 in 2012
  • Just Salad: 14 locations, up from 11 in 2013 and 6 in 2011
  • Pep Boys: 12 locations, up from 8 in 2013 and 7 in 2009
  • Uniqlo: 5 locations, up from 3 in 2013 and 1 in 2009 

https://nycfuture.org/research/publications/state-of-the-chains-2014

Monday, December 22, 2014

Barclays Center - Elton John on ABC’s New Year's Rockin’ Eve

Press Release -

BROOKLYN, NY (December 5, 2014) – The world-renowned Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2015 on ABC will broadcast live music performances from Barclays Center for three consecutive years, starting this year when Elton John performs his anthem “I’m Still Standing” in a special live appearance from his concert at Barclays Center in Brooklyn, New York.  John joins the largest music celebration of the year, Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2015 beginning at 8:00 pm ET/PT on ABC Television Network.

“New Year’s Eve concerts are becoming a new New York tradition at Barclays Center and we are thrilled to welcome back the worldwide audience of Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2015,” said Barclays Center CEO Brett Yormark. “We are delighted to form a continuing alliance with dick clark productions, one of the world’s largest producers of televised live event programming.”

“In just two years, Barclays Center has become an international brand and a destination for some of the best events in sports and entertainment,” said Mark Bracco, Executive Vice President of Programming and Development for dick clark productions and Co-Executive Producer of Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2015. “We couldn’t be happier to include a performance live from Barclays Center in Brooklyn.”

A Barclays Center New Year’s Eve special live remote performance was first featured on Dick Clark’s New Year’s Rockin’ Eve last year during a live event cut-in of Billy Joel.

Since its momentous opening on September 28, 2012, Barclays Center has hosted more than four million guests at nearly 450 events, which have included world-class entertainers such as Justin Timberlake, JAY Z, Beyoncé, Barbra Streisand, The Rolling Stones, Paul McCartney, Rihanna, Andrea Bocelli, Michael Bublé, and Pearl Jam. The venue has also hosted major events including the MTV Video Music Awards and the Rock & Roll Hall of Fame Induction Ceremony.

http://www.barclayscenter.com/news/detail/barclays-center-and-dick-clark-productions-join-forces-to-include-a-special-live-remote-performance-from-elton-john-on-abcs-new-years-rockin-eve-with-ryan-seacrest

Coney New Year's Eve Press Release

Brooklyn Eagle -

Adams announces first ever New Year's Eve ball drop in Coney Island

From BP Eric Adams' Office

On Thursday, Brooklyn Borough President Eric L. Adams with the partnership of Council Member Mark Treyger and the Alliance for Coney Island, announced the first-ever New Year’s Eve ball drop in Coney Island. The iconic Parachute Jump will be the site of a digital countdown display that will ring in 2015 along with a fireworks show. This announcement fulfills a campaign promise Borough President Adams made last year to bring a New Year’s Eve celebration to Coney Island, in addition to the festivities that he will continue to put on at Grand Army Plaza, in partnership with the Prospect Park Alliance.

“This New Year's Eve, you won't want to miss our beachfront boardwalk blast in Brooklyn!” said Borough President Adams. “With fireworks in Coney Island and at Grand Army Plaza, the best parties for ringing in 2015 will be in the hippest and most colorful borough around. Now that we have our very own seaside ball drop, why be squished like a sardine in Times Square when you can rejoice like royalty in the County of Kings!”

The inaugural event will also feature a DJ and, in the spirit of Coney Island, some of the community’s great sideshow performers. Attendees will be treated to giveaways as well as free hot chocolate.

“With Brooklyn becoming the center of entertainment and fun in New York City, it only makes sense to ring in the New Year along Coney Island’s famous boardwalk and beach,” said Council Member Treyger. “I am thrilled to join Borough President Adams and the Alliance for Coney Island in welcoming residents and visitors from across the city to the People’s Playground for a unique and memorable celebration. This is a very exciting time in Coney Island, so come out on New Year’s Eve and join us to usher in 2015 in true Brooklyn fashion.”

“The Alliance for Coney Island is proud to work with Brooklyn Borough President Eric Adams and Council Member Mark Treyger on a spectacular new addition to Coney Island's year-round programming,” said Johanna Zaki, executive director of the Alliance for Coney Island. “New Year’s Eve in Coney Island will join beloved traditions like the New Year’s Day Polar Bear Plunge in promoting economic activity for the businesses and residents of Coney Island. With true Coney Island flare, sideshow performers will dazzle crowds before 8,000 LEDs on the iconic Parachute Jump, nicknamed Brooklyn’s Eiffel Tower, countdown to 2015. Southern Brooklyn residents looking for an exciting event in their own backyard will be delighted by New Year’s Eve in Coney Island.”

Supporters of this initiative include the FDNY, Department of Parks and Recreation, NYPD, Department of Sanitation, Assembly Member Brook-Krasny, Community Board 13, NYPD PSA 1, Central Amusement International, ConEdison, Coney Island Beautification Project, Coney Island Generation Gap, Ed Cosme, Friends of Kaiser Park, Garden State Fireworks, Inc., Heritage Equity Partners, Investors Bank, Maimonides Medical Center, Peggy O'Neill's, Rooftop Films, South Brooklyn Youth Consortium and Tom's Coney Island.

http://www.brooklyneagle.com/articles/2014/12/22/adams-announces-first-ever-new-years-eve-ball-drop-coney-island

Sunday, December 21, 2014

Parachute Jump lit tonight to honor the 2 fallen police officers

Coney New Year's Eve Preview


NY Times - More Towers for Williamsburg

Excerpt -


Tower after tower has shot up along the radically revamped waterfront in Williamsburg, Brooklyn, over the past decade, and the latest one to rise, called 1N4th, will be far from the last.

The 2005 rezoning of almost 200 blocks of Williamsburg, and parts of neighboring Greenpoint to the north, catalyzed the transformation of the waterfront area, a once-bleak industrial zone lined with trash transfer stations and contaminated sites. The controversial rezoning made way for thousands of new apartments in towers, some more than 40 stories, but it also was designed to spur creation of affordable housing, along with a public esplanade and a 28-acre city park.

A 41-story building with 510 rental apartments at 1 North Fourth Street, 1N4th is now topped out and started leasing this month, but has received little media attention since construction began, perhaps because it blends in with Williamsburg’s growing collection of littoral towers. When pioneer towers like Schaefer Landing, completed in 2003, the Northside Piers development (2007) and the Edge (2008) went up, they drew many more stares.

About 10 waterfront high-rises may eventually join 1N4th, including three towers at the Domino Sugar site and several more on sites south of the Williamsburg Bridge. These could add as many as 4,300 apartments.

http://www.nytimes.com/2014/12/21/realestate/brooklyn-new-towers-for-williamsburg.html

Saturday, December 20, 2014

Video - Look out Times Square, Here Comes Coney Island!

News12 excerpt

BROOKLYN - Coney Island will be rivaling Times Square this New Year's Eve.

For the first time ever, Brooklyn residents won't have to travel to Manhattan to see a ball drop because the iconic Parachute Jump will have a ball drop of its own, which could be the start of a new tradition that'll bring more visitors to the borough. 

The event comes after a remodeled Parachute Jump was unveiled at Luna Park back in June, with many calling it the "Eiffel Tower of Brooklyn."

Video Here

http://brooklyn.news12.com/news/coney-island-parachute-jump-to-have-own-new-year-s-eve-ball-drop-1.9726511

News12 Video - Officials Break Ground at Pacific Park

Excerpt -

Prospect Heights is now the new site for affordable housing in the borough.  

Mayor Bill de Blasio, Brooklyn officials and community members broke ground at 535 Carlton Ave. Monday. The development will bring 298 units to Pacific Park, formerly known as the Atlantic Yards site.

The mayor says the apartments will be affordable to low, moderate, and middle income households. It will be a mix of studios and apartments with bedrooms for families. The ground floor will also have retail space.

Video here

http://brooklyn.news12.com/news/officials-break-ground-at-pacific-park-for-affordable-housing-complex-1.9717195

Brooklyn Eagle - Emmons Ave is awesome

Excerpt  - 

Eye On Real Estate  

By Lore Croghan 

Brooklyn Daily Eagle

Cherry Hill for breakfast, Liman for lunch — Emmons Avenue is awesome.

When the weather in Brooklyn was freakishly warm the other day, we heard the siren song of the shoreline calling us. All of a sudden, Sheepshead Bay seemed like a place we really needed to be.

We longed to sit at Cherry Hill Gourmet Market's outdoor café and take in the scenery.

http://www.brooklyneagle.com/articles/2014/12/3/sheepshead-bay-siren-song-shoreline

Friday, December 19, 2014

Brooklyn Paper - New Year’s revolution: Countdown to 2015 coming to Coney Island

Excerpts -

Champagne, a midnight kiss, and a … Nathan’s hot dog?

The Coney Island Boardwalk will host a massive New Year’s Eve celebration on Dec. 31, Borough President Adams announced on Dec. 18, and he promised the party would have many happy returns.
“We are starting a Brooklyn tradition,” Adams said in front of the iconic Parachute Jump, which will be the centerpiece of the festivities.

Rather than drop a ball like they do in that other borough, Brooklyn will count down to the new year with a pulsing light show using the Parachute Jump’s dazzling new $2-million lighting system that switched on last year.

Adams touted the seaside celebration as the more authentic way for New Yorkers to ring in the new year.

“Why go to Manhattan and be squashed by tourists when you can come to the county of Kings and be treated like royalty?” said Adams. “Real Brooklynites like to be here in Coney Island. Times Square is for a few people, but Coney Island is for everyone.”

The crowds aren’t the only thing that will be better in the People’s Playground, the local councilman said.

“Times Square has confetti, but we’ve got the fireworks — real fireworks,” said Councilman Mark Treyger (D–Coney Island).

Boardwalk revelers can also catch music, performance art, and sip a little (non-alcoholic) bubbly during the celebration, Adams said. But Boardwalk bars like Tom’s of Coney Island and Ruby’s will also be open and slinging their higher-octane libations, owners said.

A DJ will handle kicking-out-the-jams duties this year, but the Borough President said starting next year he’ll hold an annual competition to select live performers to feature at future New Year’s bashes.

“This has been five years in the making,” said Eddie Mark, a member of Community Board 13 who advocated for the party. “The new regime — Eric Adams and Mark Treyger — is saying, ‘Coney Island is ready for a change.’ This is a sign of major things happening in the neighborhood.”

http://brooklynpaper.com/stories/37/52/all-parachute-jump-ball-drop-2014-12-26-bk_37_52.html

Wednesday, December 17, 2014

Another New Year's Eve update - Daily News

Coney Island will host major New Year's Eve party

The big night in South Brooklyn will feature music, fire-spitting performers from the Coney Island Sideshow and fireworks at midnight.

Party on, Coney Island.

The famed Brooklyn neighborhood will host a New Year’s Eve ball drop to rival the annual tourist-choked celebration in Times Square, borough officials announced.

The big night in South Brooklyn will feature music, fire-spitting performers from the Coney Island Sideshow and fireworks at midnight.

The main event will be a ball drop simulated in LED lights on the Parachute Jump, the towering steel structure in the center of the Coney skyline. 

http://www.nydailynews.com/new-york/coney-island-host-new-year-eve-ball-drop-extravaganza-article-1.2049156

Tuesday, December 16, 2014

Update on New Year's Eve in Coney!

As first reported on Dec 7th on this blog, there is a press release coming out soon. Here is an update from another Coney blog with details.

http://www.theconeyislandblog.com/?p=574

Yes!!! Times Square by the Sea baby!!!!!

Sunday, December 14, 2014

City Planning Commissioner mentions Coney Island Housing Growth Opportunities

Crains excerpt -

He also fingered Coney Island in Brooklyn, the eastern half of the Bronx, and Sunnyside rail yards in Queens as possible growth hot spots.

"We think there are enormous housing opportunities in Coney Island," he said, noting that they could be realized after an ongoing sewer project in the neighborhood is completed.

http://www.crainsnewyork.com/article/20141211/REAL_ESTATE/141219961/city-planning-commish-aims-for-rational-growth

NY Mag - Brooklyn Is the Least Affordable Housing Market in the Country

Manhattan is Third! Brooklyn real estate is changing very quickly now

Excerpt -

Brooklyn real estate is more expensive than ever, and according to one new study that looked at 475 counties around the country, the borough now also has the dubious distinction of being the U.S.'s least affordable housing market.
Via Bloomberg:
Of the 475 counties analyzed by RealtyTrac through October, 98 areas weren’t as affordable compared with the average level for the period starting in January 2000, the Irvine, California-based data company said in a report today. Brooklyn, New York, where a resident would need to devote 98 percent of the median income to afford the payment on a median-priced home of $615,000, was the least-affordable market, followed by San Francisco and Manhattan.

http://nymag.com/daily/intelligencer/2014/12/brooklyn-is-the-least-affordable-place-in-us.html

Brooklyn Eagle - Finally! Brooklyn is getting an Apple store to call its own

Excerpt -

This long-awaited affirmation of Brooklyn's hotness as a retail venue arrived Tuesday via New York Post real estate columnist Steve Cuozzo, who reported that the tech icon signed a lease for its first-ever Brooklyn location at 247 Bedford Ave. in Williamsburg.

“It's about time,” Christopher Havens, head of the commercial division of aptsandlofts.com, told the Brooklyn Eagle.

http://www.brooklyneagle.com/articles/2014/12/9/finally-apple-headed-billyburg-new-york-post-reports

New condos coming to Emmons Avenue!

Sheepshead Bites excerpt -

Sheepshead Bay’s iconic El Greco Diner is set to shutter next week after the property has gone into contract for a sale, making way for a new residential tower with ground-level commercial space, sources tell Sheepshead Bites.

http://www.sheepsheadbites.com/2014/12/sources-el-greco-diner-close-make-way-residential-tower/

Sunday, December 7, 2014

New Year's Eve in Coney

Sources have informed this blog that a press release will be coming out shortly about New Years Eve in Coney Island!


Wahlburgers location

Sources have informed this blog that Wahlburgers will be located next to the Nets Store where BurgerFi was rumored to be coming last year. Wahlburgers should be arriving in Coney in about one year.


Friday, December 5, 2014

Wahlburgers restaurant coming to Coney Island!

Press release 

WAHLBURGERS CONTINUES RAPID NORTH AMERICAN EXPANSION WITH FRANCHISE DEALS IN FLORIDA AND NEW YORK 

Written by Wahl Blogger on . Posted in News & Events, Wahl's New
Media Contact:
Lori Moretti or Meghan Almquist​
CM Communications
(617) 536 – 3400
malmquist@cmcommunications.com


FOR IMMEDIATE RELEASE
WAHLBURGERS CONTINUES RAPID NORTH AMERICAN EXPANSION
WITH FRANCHISE DEALS IN FLORIDA AND NEW YORK


(BOSTON) – December 4, 2014 – Wahlburgers, a casual burger restaurant founded by brothers Mark, Donnie, and Paul Wahlberg and subject of the popular A&E TV reality series announced multi-unit franchise deals in Florida and New York, continuing its rapid expansion in North America.

Davgar Holdings Group, LLC will open 20 Wahlburgers throughout Florida over the next several years, as New York- based Big Apple Burgers prepares to launch six restaurants in Manhattan and one 0n Coney Island.


Since its 2011 debut in Hingham, Mass., Wahlburgers has a total of 40 stores either open or under agreement. A second location opened in Toronto last month to great fanfare, and franchise agreements are secured in Philadelphia and Las Vegas in addition to Florida and New York. Two corporate-run Wahlburgers are slated to open in the Greater Boston area in 2015.

“These agreements put us closer to our vision of making Wahlburgers a happy part of people’s lives across America and around the world. Donnie, Paul, and I appreciate the support of our fans and all those who love great burgers,” said Mark Wahlberg.

“We are pleased to continue to grow with great partners who share our values and standards for delivering an exceptional customer experience,” said Rick Vanzura CEO of Wahlburgers.

According to Vanzura, Wahlburgers is committed to partnering with experienced operators with a demonstrated history of multi-unit success. Manny Garcia of Davgar Holdings Group, LLC and John Cestare and partners of Big Apple Burgers meet the criteria.

“The Garcia family has been steeped in the food and restaurant industry for many years,” said Manny Garcia, well-known Florida restaurateur and managing partner of Davgar Holdings Group, LLC. “And now, we are thrilled to partner with the Wahlbergs, another family that’s equally dedicated to high quality food, legendary service, and delighted guests.”

“We’re confident that our knowledge and expertise will be a great asset to the Wahlburgers brand,” said John Cestare of Big Apple Burgers. “It’s exciting to partner with the Wahlberg family and brand knowing we share the same values and family-work culture.”

The Florida and New York restaurants will share all the signature characteristics of the flagship Wahlburgers in Hingham, Mass., including full-serve and quick-serve dining options, take-out and a full bar. To inquire regarding business opportunities please visit http://www.wahlburgersrestaurant.com/franchise/.

ABOUT WAHLBURGERS
Founded by Executive Chef Paul Wahlberg, and celebrity brothers Mark and Donnie Wahlberg, Wahlburgers, the subject of an A&E Network original series is a Boston based burger restaurant with stylish décor symbolizing the brothers’ life trajectories from Dorchester neighborhood kids to rising chef and international superstars. The restaurant offers both fast casual and table service dining featuring a menu of made-to-order fresh ground beef burgers, pure beef hot dogs, crispy fries, onion rings, tater tots, signature salads, and specialty frappes. In addition to great food and drink, guests will enjoy music from a variety of genres and eras playing from the restaurant’s state-of-the-art sound system. Wahlburgers serves lunch and dinner daily. For locations, hours, and additional information visit http://www.wahlburgersrestaurant.com


 http://www.wahlburgersrestaurant.com/2014/12/05/wahlburgers-continues-rapid-north-american-expansion-franchise-deals-florida-new-york/

Avalon Sheepshead Bay construction set to begin! Yes!!!!!

Bay News excerpt -

Work is set to begin soon on a controversial tower in Sheepshead Bay.

A row of vacant buildings on Sheepshead Bay Road will be demolished within the next few days in first phase of construction of a new 300-foot residential tower. A spokesman for one of the developers said the demolition will start as soon as the Department of Buildings issues approval.

“We expect it any day and will move forward shortly thereafter,” said Muss Development spokesman Jeff Kay.

The plans for the as-of-right project — which became public in September — include 250 units and 176 parking spots on an area that is nearly the size of five football fields. Amenities for the tower residents will include storage space, a bike room, a tenant’s lounge, and a playroom. The area underneath the demolished buildings will serve as a walkway to the building.

The developers — Muss Development and AvalonBay Communities — bought the two adjacent sites near the intersection of Voorhies Avenue and Sheepshead Bay Road back in July, and Kay said the construction will start soon after the demolition. 

http://brooklyndaily.com/stories/2014/49/bn-sheepshead-bay-tower-gated-community-2014-12-05-bk_2014_49.html

Monday, December 1, 2014

Hotel/ Synagogue coming to Kings Highway? Huh?

NY Yimby excerpt

There, a permit application was filed on behalf of Elmhurst-based Z&K Realty Developers LLC to construct a joint hotel/synagogue building with 162,000 square feet of commercial space (though this may include some space already built from lots that could be contributing air rights to the project). To put its size into perspective, the same square footage is similar to that of Jeanne Gang’s Solar Carve tower, planned for the High Line.

The person who answered the phone at Z&K (headed by Alex Klein as president and Yi Han as V.P., according to the permit application) pleaded ignorance about the project, but the Schedule A filing reveals some details about the plan. The first floor would have a retail space, an “eating and drinking establishment,” and a hotel lobby, while the second floor would be taken up by 189 parking spaces (plus another 72 in the cellar, for a total of 261 spots in automated, attended garages).

The third floor and its mezzanine would house a synagogue large enough to hold 150 people, catering to the large Jewish population in Midwood and nearby southern Brooklyn neighborhoods
.
Above the synagogue, starting on the fourth floor, would be 147 hotel rooms, fairly evenly distributed throughout the fourth through ninth floors. The 10th story would be occupied by another bar or restaurant, plus an outdoor seating area on the roof.

The project would be situated on the eastern side of East 9th Street between Kings Highway and Quentin Road, in place of a couple one-story brick buildings and a more ornate structure at 815 Kings Highway, for which a demolition permit was filed in September.

http://newyorkyimby.com/2014/12/10-story-hotelsynagogue-planned-for-1702-1712-east-9th-street-kings-highway.html


Brooklyn's rise to real estate prominence

Real Deal excerpt -

If 2014 was the year of record-shattering co-op sales, stratospheric asking prices and Brooklyn’s continued rise to real estate prominence, what will 2015 bring? We posed that question to several top industry players in our cover story for the December issue, now available online. (Cheat sheet: Double the number of new condos hitting the market)

http://therealdeal.com/blog/2014/12/01/the-december-issue-is-live-3/

Sunday, November 30, 2014

DNAinfo - Bed-Stuy Leads Brooklyn Real Estate Market in Sales Growth

Excerpt -

Commercial real estate is booming in Bed-Stuy, according to a new report from mortgage intelligence agency Actovia.

Bedford-Stuyvesant tops the list of Brooklyn’s most active neighborhoods, with the greatest growth in commercial property sales and the most significant uptick in financing this year.

From November 2013 through October 2014, financing for properties in northern Bed-Stuy (zip code 11206) jumped nearly 500 percent, with 58 properties financed in the first quarter compared to 340 in the fourth.

In the neighborhood’s 11221 zip code, extending from Tompkins Avenue to Wilson Avenue, 66 property-financing deals were made at the beginning of the year, compared to 384 from August to October.

Jonathan Ingber, Actovia’s founder, attributes increased interest in Bed-Stuy to rising costs in Manhattan.

“There is no question that Manhattan is priced out,” Ingber said, adding that people began scouting other boroughs in mid-2013 to find areas that offer the same sort of “luxury.”

“As people started developing in downtown Brooklyn, prices became pretty outrageous there too, so they looked at some centers that would be the next up-and-coming jewel,” he said.

http://www.dnainfo.com/new-york/20141126/bed-stuy/bed-stuy-leads-brooklyn-real-estate-market-sales-growth-report-says

NY Post - Islanders moving to Brooklyn just when they’re getting good again

Excerpt -

But the Islanders’ obsession with collecting picks — part scheme, part plan — has yielded a passel of homegrown talent that should endure long after the self-destructive effort to transform the Coliseum into a Lighthouse recedes from memory.

The guts of this team and the ones to follow were constructed through canny use of the 14 first- and second-round picks amassed by Snow from 2006-11. Kyle Okposo, seventh overall in 2006; Josh Bailey, ninth overall and Hamonic 53rd overall in 2008; Tavares, first overall, and Calvin de Haan, 12th overall in 2009; Brock Nelson, 30th overall in 2010; Ryan Strome, fifth overall in 2011.

This doesn’t mean the fifth parade is right around the corner. It doesn’t. But there is reason to dream and there is reason for hope. The Islanders are a hockey team, an honest-to-goodness, credible hockey operation. Time has been wasted. But the time has come today.

For just when the Islanders are saying goodbye to Long Island, it is time to say hello again to the Islanders, who, for years and years and years, have been missed.

http://nypost.com/2014/11/29/islanders-moving-to-brooklyn-just-when-theyre-getting-good-again/

Wednesday, November 26, 2014

Red Mango and Chipotle coming to Kings Highway

Fantastic moves in Midwood. They are joining the recently opened Starbucks as new additions to King Highway. Great News!

Sheepshead Bites has the details on both

http://www.sheepsheadbites.com/2014/11/chipotle-mexican-grill-coming-kings-highway/

http://www.sheepsheadbites.com/2014/11/kings-highway-red-mango/

Saturday, November 22, 2014

Starbucks has opened in Caesar's Bay Shopping Center

Right near the new Vitamin Shoppe and next door to the soon to be opened Five Guys Burgers. That new BJ's Brooklyn store is really spurring more action at Caesar's Bay.

Thursday, November 20, 2014

CNBC - "Brooklyn is the center of the universe"

Excerpt -

Brooklyn has been hot for decades, but now it is pricier than ever—so much so that it is no longer considered New York City's second-choice borough.

"People used to move to Brooklyn because they were priced out of Manhattan," said Tamara Abir, a real estate agent with Halstead Brooklyn, LLC. "Now Brooklyn is the center of the universe. It's people's first choice. It's real life, and that's what people are drawn to."

Real life at a hefty price. The median price of a Brooklyn home sold in the third quarter of this year came in at $587,515, up just over 2 percent from the previous quarter and up 4 percent from a year ago, according to Jonathan Miller of Miller Samuels, and New York City appraisal firm. The borough's home values have increased for eight consecutive quarters, setting a new record for the fifth time in the past six quarters.

People are going to the upper West Side [of Manhattan] because they're priced out of Brooklyn," Abir added.

http://www.cnbc.com/id/102196087 

Update on Full Scale Brewery coming to Coney

In January the Bay News ran this story

http://coneyrocks.blogspot.com/2014/01/full-scale-brewery-coming-to-coney.html

Now Amusing the Zillion says they may be coming to MCU Park!

http://amusingthezillion.com/2014/11/19/coney-island-brewing-co-applies-for-license-for-surf-ave-brewery/


Remember, Sam Adams - a multi-billion dollar publicly traded corporation, owns Coney Island Brewing Company. This is so great for Coney!

Update on Trump Shopping Center Tower

Bay News excerpt -

The plans for the tower include replacing the current shopping strip with a residential building that has “up-scale” shops and restaurants on the ground floor. The owner’s representatives told attendees that some of the complex’s current essential shops and offices — like the post office — will be relocated to a vacant building that is adjacent to the center. 

The representatives also said that the tower would have ample parking for residents and include as many spaces as units in addition to a dedicated lot specifically for shop patrons.

http://brooklyndaily.com/assets/pdf/2014_47bn.pdf

Tuesday, November 18, 2014

Oceanview Ave - Brighton Beach

NY Yimby excerpt -

The days of the bungalows and wood-frame houses of Brighton Beach, in the blocks above the elevated line near the end of Brooklyn, are numbered. The neighborhood has the distinction of being one of only a handful of areas in New York City where the Department of City Planning still allows wholesale redevelopment of single-family homes, and as New York’s recovery takes hold in the outer reaches of the outer boroughs, builders are returning to Brighton Beach.

Over the weekend, a permit application was filed for a new five-story apartment building at 424 Oceanview Avenue, typical of new construction happening throughout Brighton Beach. The developer is combining two lots, with demolition permits filed last month for the two old wood-fame houses. (The filing is the second attempt at a building on the site, with a similar but slightly different permit application filed in 2010.)

The new building’s 16 units will be spread over 12,000 square feet of residential space, for an average apartment size of 750 square feet. The project will triple or quadruple the density of the old structures, bringing new supply to one of New York City’s most affordable growing neighborhoods. Even modest apartments in Brighton Beach are often built as condos, with new construction from the last cycle now generally selling in the $400s per square foot.

But despite the area’s production of a very rare commodity in New York – reasonably priced new market-rate housing – there were certain factions that were not pleased with the growth. In 2009, the Department of City Planning and the local community board – led, apparently, by some of the area’s dwindling population of American-born residents – initiated a process to rezone the neighborhood to restrict redevelopment of the bungalows and wood-frame houses.

Luckily, in a rare example of pro-growth immigrants successfully fending off a land use challenge from anti-development old timers, the Russian business community got the community board and Department of City Planning to back down on the rezoning. The blanket R6 designation remains today, allowing for fairly generous tenement-scale density, without height limits to constrain those who want to build thinner towers.

http://newyorkyimby.com/2014/11/permits-filed-424-oceanview-avenue-brighton-beach.html

Albee Square

NY Yimby excerpt -

In June, YIMBY brought you news of a permit filing for a 28-story tower at 436 Albee Square in downtown Brooklyn, designed by increasingly prolific ODA Architecture. Now, we have obtained a rendering of the project, which is planned to sit on a mid-block site on Gold Street, across from the rising City Point project.

Boxy protrusions – Eran Chen’s favorite edgy design flourish, evident at 22-22 Jackson Avenue and recently revealed 134 Vanderbilt Avenue, among others – are absent from 436 Albee Square. The tower is instead marked by a glassy façade indented asymmetrically by balconies, giving it the look of a boxy, pixelated version of Jeanne Gang’s Aqua tower in Chicago.

The building is planned to have 150 apartments spread across nearly 120,000 square feet of residential space, for a modest average apartment size of 800 square feet, suggesting rentals.

The tower will also include three stories and 24,000 square feet of retail at its base – a substantial amount of space, but a drop in the bucket compared to the 700,000 square feet under construction at the City Point mega-development.

Sunday, November 16, 2014

Tradition has a new home in Brooklyn

Metro NY excerpt -



Yormark and his staff have built campaigns centered around the slogans "Tradition Has A New Home" and "Brooklyn Scores." The thought process behind the approach is to attract the current fanbase on Long Island to experience Brooklyn while creating interest in the team in the borough.

"We have a neat marketing situation that's going on," Yormark said. "You have to be true to the hardcore fan, the one that's been there since Day 1, if you will, on Long Island. But at the same time you have to balance that with the fact we have to create a whole new fanbase here in Brooklyn. How we communicate to those fanbases certainly will define our success."

To create interest in the team and to introduce Long Island and Brooklyn fans to the Barclays hockey experience, the Islanders have played preseason games there in 2013 and 2014. Yormark noted that a staffed sales office has been built in Brooklyn, and he and his staff have spoken with Islanders fans at Nassau Coliseum.

http://www.metro.us/new-york/brett-yormark-discusses-islanders-move-to-brooklyn/zsJnkf---tLS8YMzMh9p7k/



Saturday, November 15, 2014

ABA Basketball Debuts in Brooklyn Tonight

Brooklyn SkyRockets vs Steel City Yellow Jackets

Aviator Sports Center 8PM. Watch it on ESPN3

http://www.brooklynskyrockets.com/index.php

Sunset Park Mega Development

Brooklyn Paper excerpt -

A consortium of investors aims to build a shopping mall, a hotel, two residential towers, and an office building on the corner of Eighth Avenue and 62nd Street. At a Nov. 5 meeting of the local community board’s land use committee, the project’s architect, Raymond Chan, said his clients are willing to set aside space for a public school. Board members said the additional desks would be a boon for the crowded school district.

“We’ve been looking for school sites desperately,” said education committee chairman Bob Hudock. “They are very needed, especially in that neighborhood.”

http://brooklynpaper.com/stories/37/46/br-sunset-park-development-school-2014-11-14-bk_37_46.html

Crains - Move over, Paris. There's a new city that other locales aspire to be.

Excerpts -

For more than a century, cities around the world have compared themselves to Paris. Many claim to be the Paris of the East: Bucharest, Prague, Istanbul, Beirut and Shanghai to name a few. There's also the Paris of North America (Montreal), the Paris of South America (Buenos Aires) and the Paris of the Plains—Kansas City in the Jazz Age.

But now the wannabe city is Brooklyn. Every neighborhood with a critical mass of bearded hipsters, bike shops and vegan cafes calls itself "the new Brooklyn." Ballard is the Brooklyn of Seattle. Glasgow and Melbourne both claim Brooklyn cool. And Oakland, Calif., has been called the Brooklyn of San Francisco so many times that Julia Cosgrove, editor of AFAR travel magazine, says she "can't bear to read another story about it."

There's even a Brooklyn of Paris: the once-gritty suburb of Pantin. Its derelict, graffiti-covered warehouses have been taken over by galleries and artists, turning it into the hippest place in the City of Light. Just like in Brooklyn, real estate prices have shot up, and old industrial buildings now house luxury lofts.

"It may have a way to go before it's on a par with Brooklyn, but I expect it will continue to develop, considering how much investment and risk-taking is going on there—alongside the natural flux of artists toward the area," said artist Oliver Beer, who works both with a gallery in Pantin and with the Museum of Modern Art's contemporary arts outpost, PS1, in New York City.

Other signs of what's called the "Brooklynization of Paris" include gluten-free restaurants and juice bars popping up. "It used to be when young chefs studied under the great chefs, they wanted to open important restaurants or go to the countryside and get their Michelin star. Now they're rejecting that model, they're saying, 'I'm going to do more back-to-the-roots, farm-to-table cooking in a small restaurant with a few tables,'" said a spokeswoman for Atout France USA, the French tourism agency in New York, describing a shift that some observers compare to Brooklyn's culinary scene.

Tourism folks in Asheville, N.C., say their city was once called the Paris of the South, but now they compare it to Brooklyn, thanks to artisanal food, indie entrepreneurs and a thriving music and arts scene. An emerging arts and entertainment district in Miami that will link to areas like Wynwood, known for street art, is said by promoters to be "like Brooklyn in its nascent days"—an interesting thought, since Brooklyn was settled by the Dutch in the 1600s. And San Diego's South Park-North Park neighborhood is called SoNo, but it would be a no-no to compare it to Soho. Instead it claims a mix of Brooklyn and Southern California vibes.


"We've become the epicenter of cool as cool is now defined," said Marty Markowitz, 69, who was born and raised in Brooklyn in an era when it was better-known for ethnic enclaves, working-class culture and the Brooklyn Dodgers. Mr. Markowitz, who served as Brooklyn borough president for 12 years and now works for NYC & Company, the city's tourism agency, promoting all the boroughs, added: "There is no question that Brooklyn now serves as an example for other urban centers of how a community can transform itself into a hotbed of style."

http://www.crainsnewyork.com/article/20141113/HOSPITALITY_TOURISM/141119926

Looks like we may finally see some movement on the Amphitheater development

 A court decision on the Boardwalk Garden lawsuit December 15th possibly? Get that Amphitheater built!

Got this from Twitter -


Coney Island Boardwalk Garden is still ALIVE! Pack the court DEC. 15. Details soon:

https://twitter.com/NYCCGC/status/530518390453313536

Thursday, November 13, 2014

Coney Boardwalk permitting could be privatized

Brooklyn Paper excerpts -

The city may be about to cede control of the Coney Island Boardwalk to a private group.

The parks department, which controls the neighborhood’s iconic Riegelmann Boardwalk, is drawing up plans that would let an outside group take over all event permitting — and possibly more — for the 91-year-old public space, according to sources. 

One Alliance member said the group is in talks with the city.

“The Alliance for Coney Island has been in negotiations with the parks department,” said Dick Zigun, Coney Island’s unofficial mayor and the director of the arts organization Coney Island USA.

Zigun’s Mermaid Day Parade is by far the Boardwalk’s biggest event, but he said Coney Island USA won’t enter a bid and will instead support the Alliance’s application.

The Alliance did not confirm that it was talking with the city, but its director said the group’s primary goal is making Coney Island fun for everyone.

“We are first and foremost dedicated to helping Coney Island, whether it’s with supplementary sanitation or public Boardwalk programming like the Free Friday Night Fireworks,” said Alliance executive director Johanna Zaki. “The Alliance for Coney Island looks forward to continuing our work in partnership with the NYC Department of Parks and Recreation across multiple initiatives for the lasting growth and benefit of the area.”

The city ceding permitting rights alone to an outside group would be precedent-setting. 

http://brooklynpaper.com/stories/37/46/bn-city-privatizes-boardwalk-permits-2014-11-14-bk_37_46.html


Trump going upscale

This will likely be a big first step towards bringing big retail and residential to Coney Island, but I reiterate only a first step. Because this type of development has to come to Surf Avenue as well, across from the ballpark. Hopefully Trump Shopping's new development is the trigger to get this going.

Bay News excerpt -

The plans for the redevelopment of Trump Village Shopping Center are finally becoming clearer, but residents still don’t like the picture.

A source close to the developer said plans for the site — which have still not yet been filed with the city — envision a new, “upscale” shopping center on the ground floor of the proposed 40-story residential tower, and residents are worried the change will strip the strip mall of establishments they rely on, such doctors’ offices and pharmacies. 

The source said plans for the new shopping center do include at least one pharmacy and doctor’s office, along with a mix of retailers and restaurants.

http://brooklyndaily.com/stories/2014/46/bn-trump-tower-upscaling-2014-11-14-bk_2014_46.html

Sunday, November 9, 2014

Bright 'N Green building unveiled


Treehugger excerpt -

A ribbon cutting ceremony for a green apartment building was held today in Brighton Beach, on the second anniversary of Hurricane Sandy, which devastated this neighborhood in southern Brooklyn. The date is a symbolic reminder of the importance of building in a way that contributes minimally to climate change and that is resilient in the face of extreme weather events.

Architect Robert Scarano said the building project, called Bright ’N Green, was under construction when the storm hit, but didn’t suffer serious damage. In fact, he said the net-zero building was able to provide power to its neighbors, who ran extension cords to their homes.

http://www.treehugger.com/green-architecture/net-zero-building-unveiled-brooklyns-brighton-beach-neighborhood.html

http://brightngreen.com/solar/ 

Daily News excerpt from March -
http://coneyrocks.blogspot.com/2014/04/scarano-building-in-brighton-beach.html

Manhattan Beach home sells for $7.75 million

This is directly across the street from Sheepshead Bay

NY Observer excerpt -

But the lucky folks behind 340 Shore Boulevard LLC have lately come away with must surely be someone‘s idea of a grand prize, an 11,000 square-foot home at 2 Dover Street that went up in 2004, which they acquired for $7.75 million, according to city records. (The sellers, Desmond Realty Incorporated were also apparently once quite enamored with the place, paying $5.76 million for it in 2007.)

http://observer.com/2014/11/nazdarovye-tomb-like-manhattan-beach-mansion-sells-for-7-75-m/

Saturday, November 8, 2014

FXFL Championship Game Likely to be in Brooklyn


The Omaha Mammoths and Brooklyn Bolts won’t play next Wednesday night at TD Ameritrade Park, but instead meet in an FXFL “championship game” at a date and site yet to be determined.

FXFL Commissioner Brian Woods said Friday the league was looking at a couple different options, including the week of Thanksgiving, and a game “likely in the New York market.”

“We’re talking to television partners and commercial partners, and looking to really put an exclamation point on this first season,” Woods told The World-Herald.

http://www.omaha.com/sports/mammoths-bolts-to-play-for-title-game-in-omaha-off/article_6343b48c-fd67-5c6a-b28b-9d0b6ef90827.html

Brooklyn Wins, Brooklyn Wins!

Brooklyn Nets beat the "Manhattan Knicks"!


Friday, November 7, 2014

Tonight in Brooklyn

Bolts Blacktips at MCU Park......Nets Knicks at Barclays Center!

Doesn't get any better than this folks! Go Brooklyn!

Residential/ retail combo development at Trump Shopping Center

Hopefully this huge development spurs a similar scenario on Surf Avenue across from the ballpark.

Bay News excerpt -

A source close to the developer, real estate mogul Rubin Schron, said the tentative plans for the tower include a shopping center on the ground floor of the building, with stores similar to the existing shops — though he did not say how many of the existing stores would be returning to the new complex. He also said there are provisional plans to put some stores and the post office in mobile trailers while the area is under construction. 


http://www.brooklyndaily.com/stories/2014/45/bn-trump-tower-toxins-2014-11-07-bk_2014_45.html

Huffington Post - "A New New York Aquarium"

Excerpt -

When we fully reopen in 2016 we will be much more than a new building and a cleaned up campus. The new aquarium will be the home of the WCS New York Seascape program -- our research and conservation program focusing on our rivers, harbor, and ocean from Cape May, New Jersey to Montauk, Long Island. 

Our visitors will experience firsthand the marine conservation challenges facing New York waters. For the first time, they'll get a window into the ocean wilderness that surrounds this city of islands. They'll understand the issues that face us as a coastal city in an era of rising seas and extreme weather, and how the aquarium is working with partners on every front to help build the economic, cultural, and ecological resilience this city needs in order to thrive.
2014-11-04-JulieLarsenMaher_1894_EducatorandChildwithEducationAnimals_AQ_041411.jpg The new New York Aquarium hopes to become an even greater wellspring to an interest, a passion, an education, a career. Photo: Julie Larsen Maher ©WCS.
Visitors will follow the journey of sharks tagged by our scientists in the Great South Bay as they migrate down the coast into the waters of Delaware, the Carolinas and Florida. New Yorkers will join in our work through citizen science programs that will begin to unravel the population dynamics of skates and rays in our waters.

Guests will be introduced to the Hudson Canyon, an offshore submarine formation the size of the Grand Canyon, whose walls rise three-quarters of a mile from the ocean floor. There we hope to help create a National Marine Sanctuary that will protect deep sea corals and the unique ecosystems found in this marvelous place.

2014-11-04-beachfrontrendering.jpg The renovated aquarium will be ocean-facing, inviting Coney Island visitors to step in off the boardwalk and learn more about their marine environment. Graphic: The Portico Group ©WCS.

A visit to the new New York Aquarium will become the inspiring start to an interest, a passion, an education, a career. Our economic contribution to one of New York's most underserved communities through jobs and expenditures will be stronger than ever.


http://www.huffingtonpost.com/jon-forrest-dohlin/a-new-new-york-aquarium_b_6097006.html

Wednesday, November 5, 2014

Update on City Point Construction

Excerpt from NYYimby -

Today’s construction site is actually just the second phase of the enormous mixed-use project, though it appears to be the largest. The first phase was a relatively small retail building on Fulton Mall, across from the Dime Savings Bank building. Known as One DeKalb, the building is now open, with Armani Exchange as the tenant.

This phase will be dominated by retail at the base (which fronts primarily on city straights, rather than internal mall-like circulation), topped by two residential towers (one with 250 units, half of which will be affordable, and the other with 440 market-rate apartments).
The third phase is more tentative, but it’s planned to include 600,000 square feet of residential and – the tricker part – office space.

But once the second phase is complete, City Point will have 700,000 square feet of retail space – equivalent to about two Time Warner Centers. So far, among big national brands, Century 21 and Target have signed on, the latter with its slimmed down urban CityTarget brand. The expanding Austin-based movie theater chain, Alamo Drafthouse Cinemas, is also taking space at City Point.

http://newyorkyimby.com/2014/11/construction-update-city-point-downtown-brooklyn.html

Friday, October 31, 2014

Target coming to City Point

Daily News excerpts -

CityTarget, Target's slimmed down answer to urban markets, will occupy the entire second floor of City Point, the 675,000-square-foot retail center currently under construction in Downtown Brooklyn, sources told the Daily News.

The 125,000-square-foot deal, which was inked over a year ago, also includes some storage space on the third floor of the retail complex.

"We know that Brooklyn is on the rise," a spokesperson for Target told the Daily News. "We know it's filled with everyone from urbanites to students to tourists. CityTarget will be incredibly well suited to serving the neighborhood as well as visitors."

The store will open in 2016. Other big retail anchors of the complex include Century 21 and Alamo Drafthouse Cinema. Rents start at over $20 a square foot and top out at around $40 a square foot, industry sources said.

 http://www.nydailynews.com/life-style/real-estate/citytarget-floor-new-downtown-brookyln-retail-complex-article-1.1985190

Bay News - Trump tower talk true: Source saw rendering

Excerpts -

The rumors that Trump Village Shopping Center will be demolished to make way for a massive residential tower were finally confirmed this week by a source who has seen a rendering of the development.

“There are definitely plans — there’s no question about that,” said the source, who said he saw the plans last month and asked to remain anonymous because he is not authorized to discuss the development. “I’ve seen a drawing — a rendering. It is a tall, sleek high-rise. From looking at the picture, it is over 40 stories.”

The owner of the Sheepshead Bay site, real estate mogul Rubin Schron, has not yet filed paperwork with the city about redeveloping the property, but there is no requirement for him to submit any plans to the community for approval — even for a 40-story building — before starting work. The tower can be built as-of-right, because the area is residentially zoned with a commercial overlay for businesses.
  
 http://brooklyndaily.com/stories/2014/44/bn-trump-tower-update-2014-10-31-bk_2014_44.html

Monday, October 27, 2014

17 acre Coney site on the market

Crains excerpt -

National Grid is looking to long-term lease a nearly 17-acre parcel of land in Coney Island that was once home to one of the utility's predecessors, the Brooklyn Borough Gas Works facility.

The parcel, which is being marketed by a team from Massey Knakal Realty Services, is one of the largest undeveloped pieces of land in the city, and comes with the right to build nearly 1.5 million square feet of space—more than the entire square footage of the Chrysler Building, for example. The property is bounded to the north by the Shore Parkway and to the south by Coney Island Creek, and is zoned for manufacturing, though it could accommodate a variety of commercial or retail uses.

"There are some nuances to the transaction, but based upon its location and the density over there, I think this screams large-scale retail," said Stephen Palmese, partner at Massey Knakal.

http://www.crainsnewyork.com/article/20141027/REAL_ESTATE/141029872/17-acre-coney-island-site-is-on-the-block

Saturday, October 25, 2014

Coney Real Estate soaring

WSJ excerpt

“There are a lot of national tenants who just moved in or are about to open doors,” says Alex Svetlakou, of the real-estate firm Massey Knakal. “It’s near the trains, plus you’re near the ocean, near the Belt Parkway, so logistically it’s just a great area to be in.” 

Real estate includes the Trump Village cooperatives, where two-bedroom units are listed for around $350,000. Single-family houses may sell for around $400,000. Apartments in a new luxury building, the Oceanview Condominium on West 32nd Street recently hit the market, with asking prices ranging from $450,000 for a one bedroom to $1.1 million for the penthouse.

“People are finding they can get a lot more for their money and unique views that they wouldn’t be able to get in other neighborhoods,” says Marcie Bachar of Warren Lewis Sotheby’s International Realty, who is selling the Oceanview condos. In neighboring Brighton Beach, she says, comparable apartments would probably cost $200 to $300 more a square foot.

The median price for all residential listings in Coney Island last week was $499,000, StreetEasy.com says.

http://online.wsj.com/articles/coney-island-sees-change-with-hope-for-more-1414202455

Watch the Bolts win on ESPN3

Whole game replay here-

http://espn.go.com/watchespn/player/_/id/2053774/size/condensed/

Recchia on target in Sitt's role in CI redevelopment

It never would have happened unless Joe Sitt invested. No other developer did for decades.

SILive.com excerpt -

In an Advance Editorial Board with Grimm, Recchia said, "We had to find a developer; we went from developer to developer to see who was interested in it. Thor Equities was a developer that was interested in Coney Island. And because of their investment, Coney Island is what it is today. If it wasn't for Joe Sitt, we might not have had the success we have in Coney Island today."

http://www.silive.com/news/index.ssf/2014/10/as_councilman_domenic_recchia.html

Thursday, October 23, 2014

Fireworks after Bolts game tomorrow night

Feel the electricity as the Brooklyn Bolts return to action Friday night at MCU Park when they take on the Omaha Mammoths. Kick off your weekend with some Beers, Brats, BOOMS and Bolts Football. It's Oktoberfest featuring special Autumn brews, the music of the Polka Bros. and post-game fireworks. #BringTheThunder to MCU Park. Tickets start at just $20.


Photo: Feel the electricity as the Brooklyn Bolts return to action Friday night at MCU Park when they take on the Omaha Mammoths.  Kick off your weekend with some Beers, Brats, BOOMS and Bolts Football.  It's Oktoberfest featuring special Autumn brews, the music of the Polka Bros. and post-game fireworks.  #BringTheThunder to MCU Park.  Tickets start at just $20.  

http://www.brooklyncyclones.com/news/?article_id=1951

https://www.facebook.com/BrooklynCyclones/photos/a.57155652716.70723.40490112716/10152475955322717/?type=1&theater

Update on the Trump Village Shopping Center zoning

Concerning the rumored 40 story luxury condo tower. My guess, because there is no need for rezoning, this will happen fairly quickly. Within a year or 2. Perhaps with large ground level retail as well.

Bay News excerpt -

The owner, real estate mogul Rubin Schron, hasn’t filed paperwork yet for any new project, but the area’s zoning — residential with a commercial overlay — means the rumored redevelopment would be as-of-right, and wouldn’t have to go before the community board for approval. 

http://www.brooklyndaily.com/stories/2014/43/bn-trump-village-tower-protest-2014-10-24-bk_2014_43.html

Tuesday, October 21, 2014

Coney New Years Eve!

Hot Rumors flying again. Big event at the Parachute Jump and more. Times Square by the Sea baby!

Monday, October 20, 2014

Coney Water Park

Rumors flying tonight about the New Coney Water Park by Zamperla possibly being built by summer 2015. Next to the Thunderbolt.

Sunday, October 19, 2014

CONEY ISLAND CHILDREN’S HALLOWEEN PARADE SLATED TO BE LARGEST IN 5-YEAR HISTORY

Alliance Press Release -

Event to Complement Area’s Fall-Themed Attractions

CONEY ISLAND, October 16, 2014 — This Brooklyn seaside destination, famous for being the

birthplace of the amusement park and the hot dog, will bring more smiles and laughter this fall

on Saturday, October 25th, 2014. From 11 AM to 3 PM (EST), New York State Senator Diane

Savino, New York State Assembly Member Alec Brook-Krasny, New York City Council

Member Mark Treyger and the Alliance for Coney Island (ACI) will host the 5th

Island Children’s Halloween Parade. Featuring giveaways and a costume contest, this free

event promises to be larger than last year with an expected 2,000 people in attendance.

"I am thrilled once again to be a part of the Coney Island Children’s Halloween Parade,” said

State Senator Diane Savino. “Every year we have seen this wonderful event grow and grow, I

want to thank all the sponsors and families that are helping to continue this great event.”

“I am very proud and honored once again to be a part of the great Coney Island Children's

Halloween Parade. It is always a treat for me to see all the children parading around in their

costumes and enjoying their day,” said Assembly Member Alec Brook-Krasny. “I would like

to thank the Alliance for Coney Island as well as all my colleagues in government for continuing

this wonderful, fun-filled tradition.”

WHO: State Senator Diane Savino, Assembly Member Alec Brook-Krasny, Council

Member Mark Treyger and Alliance for Coney Island

WHAT: 5th Annual Coney Island Children’s Halloween Parade

WHEN: Saturday, October 25, 2014 | 11am

WHERE: MCU Park (1904 Surf Avenue, Brooklyn, NY, 11224)

"It is always exciting to see so many children, families and the young at heart come together

for a spooky good time at this great Coney Island tradition. I look forward to joining families

from across the community and city to enjoy many of the fun attractions and restaurants that

make Coney Island so unique and great,” said Council Member Mark Treyger. “My thanks to the 


Alliance for Coney Island for partnering with my office, Senator Savino, Assembly Member

Brook-Krasny and the local businesses to make this annual event a huge success on behalf of

the children.”


1000 Surf Avenue, Brooklyn, NY 11224 • 718-594-7895 • info@AllianceForConeyIsland.org • AllianceForConeyIsland.org

“Brooklyn Community Board 13 thanks New York State Senator Diane Savino, New York State

Assembly Member Alec Brook-Krasny, New York City Council Member Mark Treyger and the

Alliance for Coney Island for continuing the sensational tradition of the Coney Island Children’s

Halloween Parade. They have shown, once again, that there is always a place to have fun in

Coney Island,” said Stephen “Butch” Moran, Chairperson of Brooklyn Community Board

"Nathan's Famous is proud to continue its support for the Coney Island Children's Halloween

Parade by providing our world-famous hot dogs. As in the past, this event promises to be a

spectacular day of fun for the local community, solidifying the area as a year-round destination.

As Nathan's prepares to celebrate its centennial anniversary, we look forward to continuing to

support community programming," said Wayne Norbitz, President of Nathan's Famous, Inc.

and Alliance for Coney Island Board Member.

“We are excited to be a part of The Coney Island Children’s Halloween Parade and to have

the opportunity to support the kids and community with seasonal festivities and our Halloween

Harvest each year,” said Valerio Ferrari, President of Central Amusement International,

which operates Luna Park in Coney Island, and Alliance for Coney Island Board Member.

“As we are in our final weeks of the season, it's is a perfect time to come together with the rest

of our Coney Island family to celebrate and partake in these fun traditions.”

The entertainment begins at MCU Park, the home of the Brooklyn Cyclones minor league

baseball team, with food, games, giveaways and free entertainment. The first 1,500 children

to register will receive a free 2-Hour, Unlimited Ride Wristband to Luna Park valid on 22 rides

and a candy bag filled with treats. A costume contest will be judged by ACI members with

10 winners receiving a trophy and prize package composed of items and gift cards from ACI

members, including Coney Island USA, Deno’s Wonder Wheel Park, New York Aquarium

and Tom’s Coney Island.

The parade will kick off on the Riegelmann Boardwalk by MCU Park with participating children

and families marching along the historic boardwalk, and will end at the rear entrance to Luna

Park. “The Alliance for Coney Island is proud to work with State Senator Diane Savino, State

Assembly Member Brook-Krasny and Council Member Mark Treyger in what promises to be the

best Children’s Parade yet,” said Johanna Zaki, Executive Director of the Alliance for Coney

Island. “The Coney Island renaissance continues as we add more programming to our fall

season so that the amusement district will be a family-friendly experience from Palm Sunday to

Halloween. Coney Island has truly become a year-round destination with many local businesses

open in the winter.”

1000 Surf Avenue, Brooklyn, NY 11224 • 718-594-7895 • info@AllianceForConeyIsland.org • AllianceForConeyIsland.org

In addition to parade festivities planned for later this month, Luna Park and Deno’s Wonder

Wheel Park are both open weekends through the end of October. Luna Park is hosting

Halloween Harvest, a month-long event that has the park decorated for the fall season.

Halloween Harvest features pumpkin picking and painting and free activities like magic shows,

balloon twisting, face-painting, caricature portraits and more. An iconic Coney Island ride,

Spook-A-Rama at Deno’s Wonder Wheel Park is a perfect, autumn experience.

To further add to the fall fun, the Brooklyn Bolts, part of the new Fall Experimental Football

League, will play another game in October at MCU Park. Coney Island USA will produce

Dead End Dummy with many performances throughout the month. Written by the “unofficial

mayor of Coney Island,” Dick Zigun, the show promises to continue the great entertainment

that the not-for-profit arts organization is known for. As always, the New York Aquarium is

a wonderful year-round attraction. Many other Coney Island businesses will also be open for

visitors throughout the year, including Applebee’s, Gargiulo’s, Grimaldi’s, Nathan’s Famous,

Peggy O’Neil’s, Tom’s Coney Island and Totonno’s.


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