Loew’s Pitkin to become a charter school

posted by CSWalczak on July 22, 2010 at 7:42 am

BROOKLYN, NY — The former Loew’s Pitkin, an atmospheric theater designed by Thomas Lamb that opened in 1929, will be converted to a charter school with stores on the ground floor. The theater, which has an unusual Mayan-style exterior, closed as a movie palace in 1969, later housed a church, but has been vacant for many years.

Poko, he says, bought the old theater (which is almost a dead ringer for the old Loew’s 175th Street Theater in Manhattan, better known to many as the Reverend Ike’s headquarters) in 2007. The company originally planned to develop it into affordable housing, but the real estate crash soon hit.

The new development is being built with financing from Goldman Sachs and a “new market” tax credit. The company, he says, is committed to hiring community residents, both in construction and in the retail stores to come.

The full story is in the Brooklyn Eagle.

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Comments (3)

TLSLOEWS
TLSLOEWS on July 22, 2010 at 1:51 pm

Thats good news ay least it will not be torn down,nice building.

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