Fort Greene's Paramount Theatre, which for the past half-century has been used as the Long Island University sports complex, is set to be restored to its mid-20th century glory by a partnership of Barclay Center developer Bruce Ratner and Onexim Sports and Entertainment. The $50 million renovation is set to take place over the course of two years, and in advance of that the university has released a couple renderings on its Flickr account, as well as a few historical photos. This trend, led by the Loew's Kings Theater in Flatbush, of formerly majestic Brooklyn theaters being returned to their original uses and levels of magnificence is definitely one that we can get behind.
· Storied Brooklyn Paramount to Make Comeback [LIU]
· Paramount Theater coverage [Curbed]