Vacant Coney Island landmark could get new life as a concert venue

August 22, 2012 02:00PM

A new future for the landmarked Childs Restaurant on Coney Island could be in the works. NY1 reported that city officials are in talks to convert the long-vacant property into an entertainment venue.

Brooklyn Borough President Marty Markowitz has sought to erect an amphitheater on Coney Island for his summer concert series, NY1 said. As previously reported, Markowitz’s plan for a $64 million amphitheater in Asser Levy Seaside Park sparked opposition due to space concerns.

Unnamed sources to NY1 said that Markowitz has already raised roughly $50 million for an enclosed Coney Island music venue, but now that money will go toward this conversion project. In addition, a lot located to the west of the landmark will also be developed for the complex, though its details were not fully specified.

PropertyShark shows the building, lcated at 3052 West 21st Street, measures 60,000 square feet and that it was built in 1922. City public records show a 2010 deed with a purchaser identified as Coney Childs Lender LLC and a price of just over $2 million. [NY1] — Zachary Kussin