Iconic Grand Prospect Hall Sold For $22.5 Million


The Grand Prospect Corridor, the over-the-top Park Slope occasion venue, was bought in a $30 million deal involving 12 neighborhood properties, in accordance with The Actual Deal.

The reception corridor was bought by proprietor Alice Halkias for $22.5 million to Gowanus Cubes, an LLC operated by Angelo Rigas. Eleven different parcels made up the remaining $7.5 million of the deal.

Halkias and her husband Michael, who handed away final yr, had been the celebs of their homespun industrial—set to hovering music (and parodied by Saturday Night time Stay)—selling the corridor’s glamorous areas, with Alice Halkias declaring, “We make your goals come true!”

The four-story Victorian construction, constructed within the late 1800s, was entered into the Nationwide Historic Register in 1999 as having social and cultural significance, with its late Nineteenth-century revival of French Renaissance fashion and big theater, “organized and embellished within the custom of America’s nice Nineteenth-century ethnic halls.”

Learn Extra: A Picture Tour Of Brooklyn’s Dazzling Grand Prospect Corridor

The Halkiases embellished the corridor with remnants from different buildings—14 of the corridor’s crystal chandeliers had been from a Greenpoint church, whereas one other within the entrance entrance space was from the unique Loew’s King Theater; columns that had been initially thrown within the trash; ceiling tiles from shuttered eateries. In 2015, Michael Halkias informed Gothamist that he obtained presents from builders to show the corridor into condos on daily basis, “I get letters, I get cellphone calls.”

The Actual Deal reviews that the properties whole 73,104 sq. toes of constructed house, “Controlling the assemblage provides Rigas, {an electrical} contractor, the choice of developing a considerably bigger constructing on the deal with… His father, Gregory Rigas, constructed a number of initiatives within the space, together with the 80-unit rental tower 574 Fourth Avenue, close to sixteenth Avenue.”