Brooklyn Sports & Entertainment, Mikhail Prokhorov’s holding company, announced Monday that renovation of the Paramount Theatre, Brooklyn’s Jazz Age jewel, is set to begin this fall, with an anticipated opening before 2019.
The Paramount, at the northeast corner of Flatbush and DeKalb Avenues on the LIU campus, is a few blocks from Barclays Center. Events at the theatre will feature music, comedy, boxing, and more. The venue will have a capacity of up to 3,000. The flexible seating configuration will accommodate primarily general admission-style setups, with the opportunity to also do seated floor events. The venue will open loge level seating, and will feature premium VIP areas.
The Cavs have also denied permission to the Atlanta Hawks for Griffin to interview for their open general manager position, sources said. Griffin, whose contract expires at the end of July, has recently held talks with Cavs owner Dan Gilbert about his future with the team but nothing had been agreed to as of Monday afternoon, sources said.
A coalition opposed to the plan to spend millions of taxpayer dollars to help finance the renovation of Quicken Loans Arena says it has collected more than 20,000 signatures. They plan to submit the signatures for validation Monday morning.
The group seeks a referendum on legislation passed by City Council and approved by the mayor that would provide for the city’s end of the deal. The groups need about 6,000 signatures to force the vote. Typically, groups mounting petition drives submit far more signatures than required, knowing that some signatures will be found to be invalid.
Following Tuesday night’s NBA Draft Lottery in New York in which the Sixers landed the No. 3 overall pick, managing owner Josh Harris said he’d be willing to pay the tax. “We want to be smart and intelligent about it, but, look, we want to win,” Harris said. “If we’re put in a position to be able to win and get great players, we’ll do it.”