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

Thursday, April 30, 2015

Commercial Observer - Smorgasburg, Art Walls Come to Coney

Excerpt -

Thor Equities is bringing art walls from street artists of the last 40 years to its 1320 Bowery Street site, straddling the Coney Island Boardwalk, as well as bringing the popular Brooklyn food venue Smorgasburg to the area, the company announced today. 

Joseph Sitt, the chief executive officer of Thor, and Jeffrey Deitch, an art adviser who used to run the Museum of Contemporary Art in Los Angeles, are arranging the 20-plus artists that include Crash, Futura and Lady Pink to paint installments at Coney Art Walls as summertime kicks off.

“Coney Art Walls is the next exciting step in our ongoing plans to help restore the vitality of Coney Island, and build on our successes in the neighborhood,” Mr. Sitt said in prepared remarks.

The area around 1320 Bowery Street is currently being cleaned up in preparation for the artwork, according to a Thor spokesman, and the walls for the pieces will be installed next week.

But art lovers can also get a bite to eat while they’re working on their culture and their tans. 

Smorgasburg, the four-year-old spin off of Brooklyn Flea, will have a 12-vendor food stand near the site, according to Thor. It currently has locations in Williamsburg and Brooklyn Bridge Park, according to its website.

“Smorgasburg is proud to add world-class food to what we know will be a world-class summer attraction at America’s Playground,” said Jonathan Butler, the co-founder of Smorgasburg and the Brooklyn-focused real estate blog Brownstoner. “Coney Art Walls will be a cool amenity in the hot sun for beachgoers and culture-seekers alike.”

Wednesday, April 29, 2015

BP Adams wants a Soccer Stadium in Coney!

Excerpt -

BROOKLYN, N.Y. – If Brooklyn Borough President Eric Adams had his way, the New York Cosmos would be calling Coney Island their home.

Speaking to Empire of Soccer at a press conference promoting this Saturday’s Cosmos encounter in Coney Island’s MCU Park, Adams made no bones about his desire to lure the NASL side to his borough.

“I would love to have a team here in Brooklyn,” Adams said. “Soccer has grown over the years. Some of the experiments decades ago may have failed because we didn’t have the population. We were smart this time, starting children playing at an early age and they have grown up playing soccer.

“Soccer is no longer a strange sport only played in foreign lands.  It has a domestic appeal.”

In fact, Adams thinks the Cosmos would be a perfect fixture for the very place they will visit this weekend — Coney Island.

“There are still parcels of land we can build out in the Coney Island area that can hold a soccer team,” he explained. “We are looking to make Coney Island a year long destination and this can be a great start to that.”

Adams says there have been “many discussions” about bringing the team to Brooklyn.  “This [Saturday’s match] can be a great way to take it to the next level,” he said.

Friday, April 24, 2015

Seaside Summer Concert Series returning this summer!

Even while construction is going on for the amphitheater next door. The Coney Island Blog has the news

Tuesday, April 21, 2015

NY1 exclusive: Air Show Coming to Coney Island

Excerpt -

A new attraction is coming to Coney Island this summer, but it's a different kind of thrill, one that takes place thousands of feet in the air. NY1's Jeanine Ramirez filed the following report.

Riders on the Soaring Eagle glide through the air, but soon, stunt planes and fighter jets will be soaring in the skies over Coney Island as well. 

NY1 has learned that a big air show is coming to the Brooklyn seashore this summer.
Coney Island visitors are excited.

"It would be fantastic. Lots of fun," said one visitor.

"I think it's going to be a lot of fun. They should do it, yeah," said another.

"It would be wonderful if they bring it here," said a third.

The U.S. Air Force Raptor Demo Team will be one of the headline acts. The military calls the F22 Raptor the most advanced fighter jet in the world, with more thrust than any other plane, allowing it to cruise at supersonic airspeeds.  

Also in the show, the U.S. Navy Parachute Team - the Leapfrogs - performing precision aerial stunts. 
"I would be interested in seeing it," said one Coney Island visitor.

"It would be great if they bring it," said another.

Sources say the city administration has just signed off on the event, which will feature about a dozen high-flying acts, including Lucas Oil Aerobatics. 

The Coney Island performance is already listed on some airshow calendar dates, on the weekend of August 29 and 30. Some Coney Island-goers said it will be a fantastic addition to the summer scene at Coney Island.

Monday, April 20, 2015

95,000-square-foot mixed-use building coming to West 15th Street in Coney Island

This is right north of Gargiulos

Real Deal excerpt -

A Brooklyn contractor is planning to develop a new, 95,000-square-foot mixed-use building at 2885 West 15th Street in Coney Island, according to a Department of Buildings application filed Saturday.

Red Hook-based ARC Electrical & Mechanical Contractors submitted plans for an eight-story building that will feature 80,269 square feet of residential space across 86 units, according to the DOB filing. The project will also include 12,730 square feet of commercial space with four retail stores on the lower level.

The building will hold 19 apartment units on each of the second through fourth floors, as well as 14 units on the fifth floor, 11 units on the sixth floor and four units on the seventh floor. It will also house 2,441 square feet of community space, according to the filing.

Saturday, April 11, 2015

Thursday, April 9, 2015

NY Empire Ultimate Disc this Sunday at noon at MCU Park

Season opener! Come support the New York Empire as they take on the Montreal Royal at MCU Park in Coney Island.

NY Mag - Forget Manhattan. Brooklyn’s Real-Estate Market Is on Fire — and It’s Not Cooling Off Anytime Soon.

Excerpt -

Manhattan may still think it's the older, more established sister of sweet, charming Brooklyn, but the most recent real-estate market reports have given it a reality check. According to Douglas Elliman's first-quarter survey released today, Brooklyn's prices continue to break records, with the median now at $610,894, a 17.5 percent jump from 2014. (The average price, $749,269, increased by 10 percent.) Meanwhile, Manhattan saw its numbers plateau in the same period.

In all the years he's been tracking Brooklyn data, appraiser Jonathan Miller, who prepared the report, says last quarter represents the apex for the borough. "Brooklyn is the only borough, median-sales-price-wise, to be higher right now than the pre–Lehman Brothers high-water mark before the financial crisis began," he says. (Brooklyn's median was $545,000 in the third quarter of 2007.) In comparison, Manhattan's median sales price last quarter was close to the prerecession peak, but not above it.

Properties are selling faster here, too: an average of 112 days, down 14.5 percent from last year. One- to three-families saw the biggest improvement in median prices, surging by nearly 27 percent in the same period to $747,000.
This despite inventory expanding by 5.8 percent (though it's still fairly tight). "It's been spectacular. The minute [new inventory] hit the market, if [properties] were good, there were amazing bidding wars and open houses were jam-packed," says Frank Percesepe of the Corcoran Group, which saw the same upward trend in its data. "We're selling everywhere."

Wednesday, April 8, 2015

WSJ - Brooklyn’s Priciest Condo Listed for $32 Million

Excerpt -

A few months ago, Stuart Leaf was sitting in his Brooklyn Heights apartment when he got a call from his wife asking when he’d be home. It turned out “we’d both been home for three hours,” he said—their roughly 11,000-square-foot condo is so large that neither one realized the other was there. 

After that, it was clear to the couple that it was time to sell, especially since they are about to become empty-nesters. The apartment is “just a little bit too spread out” for just for the two them, said Mr. Leaf, the 53-year-old founder of Cadogan Management, a fund of hedge funds that merged with Cantor Fitzgerald in 2011.

Now listing for $32 million with Karen and Alan Heyman of Sotheby’s International Realty, the unit is the priciest condo ever to hit the market in Brooklyn, Ms. Heyman said. (The borough’s most expensive home for sale is a roughly 17,500-square-foot townhouse listed for $40 million.) If Mr. Leaf’s apartment fetches its asking price, it would be by far the highest-price condo sale in the borough. The current condo record is held by a unit at the Clock Tower in Dumbo, which sold for $7 million in 2008, according to Ms. Heyman.

Monday, April 6, 2015

New Blink Fitness Club opening in Coney!

Similar to the new gym in Sheepshead Bay. The Coney gym will be opening on W8th off Neptune near the Department of Motor Vehicles. Check it out - 

Welcome to
Blink Coney Island
Opening Soon

Saturday, April 4, 2015

NY1 Video - Operators fix The Cyclone

Good News!

Brooklyn Nets - Playoff Push

6 in a row!

Hillary Clinton - Welcome to Brooklyn

Politico excerpt -

The chaotic weeks of working out of Starbucks, friends’ Manhattan pads, and a tiny office space will soon come to an end for Hillary Clinton’s early staffers — they’re officially setting up shop at 1 Pierrepont Plaza in Brooklyn Heights.

A lease has been signed at that location for Clinton’s campaign headquarters, according to a source familiar with the deal. The operation will occupy two full floors of the building, which is close to 12 subway lines and a dozen bus lines. The Clinton team will be taking the space as is – with no buildout.

Having the ink dry on the lease indicates that Clinton’s official announcement will be coming very soon. Federal Election Commission rules state that a candidate has only 15 days between conducting campaign activities and filing the official 2016 paperwork, and the lease signing could start the clock on an official launch.

A Clinton campaign spokesman did not respond to a request for comment.

On its website, the building at 1 Pierrepont Plaza markets it as “Modern Offices. Brooklyn Cool.”