The lights on the Loew’s Kings Theater’s marquee have been dark for over 35 years since the last showing of Islands in the Stream in 1977. In fact, the entire king-size, 3,200-seat, French-Baroque movie palace is looking quite dim these days, much of its ornate plasterwork worn, damaged, or missing from years of decay and neglect and its terra-cotta facade in need of cleaning. City officials had to string ropes of temporary construction lights through the still grandiose, if a little shabby, lobby, just to make the announcement on Wednesday that Brooklyn’s largest indoor theater is coming back to life in a big way thanks to $93.9 million in new investment from public and private sources.
Financial giant Goldman Sachs has received lots of attention recently for its headquarters at 200 West St. New York Times architecture critic Michael Kimmelman waxed poetic about the building’s glass canopy by Preston Scott Cohen. The canopy, said Kimmelman, “elevates what is really just a gap between two buildings into something almost as inspired as the nave of a great Gothic cathedral. That’s the power of architecture.” Or, in this case, the architecture of power.
The latest, and more critical, take on Goldmans’ HQ by Times writer N. R. Kleinfield outlines the firm’s impact on the surrounding area which at the time of the buildings completion in 2009, was short on shops and restaurants. So using its $1.65 billion in Liberty Bonds plus $115 million in tax breaks, Goldman just created a neighborhood in its own image.