Fulton Halsey buys Slave Theater in Bed-Stuy for $2.1M

Shuttered building may turn into luxury condos

TRD New York /
Aug.August 16, 2013 10:00 AM

The historic Slave Theater in Bedford-Stuyvesant sold for $2.1 million to the Fulton Halsey Development Group, a developer who may be planning to convert it to luxury condos, the New York Daily News reported.

The Rev. Samuel Boykin, who is managing the estate of the shuttered building’s former owner Judge John Phillips, told the News the historic building will definitely will not remain a theater. After Phillips died in 2008, his relatives put the building up for sale to pay off more than $1.5 million in taxes and other debts, the paper said.

Last fall, the nonprofit New Brooklyn Theater company attempted to restore the theater via crowd-sourcing on the website Kickstarter, as reported by The Real Deal. The campaign raised about $41,000 of the desired $200,000. Squatters had deterred other potential buyers who might have restored the theater for years, the News said.

Sources familiar with the neighborhood told the Daily News there is a plan for condos. [NYDN]Mark Maurer


Related Articles

arrow_forward_ios
Queens lawyer bought condo with late Slave Theater owner’s cash: prosecutors

Queens lawyer bought condo with late Slave Theater owner’s cash: prosecutors

Queens lawyer bought condo with late Slave Theater owner’s cash: prosecutors
Lawyer jailed for pilfering estate of late Slave Theater owner

Lawyer jailed for pilfering estate of late Slave Theater owner

Lawyer jailed for pilfering estate of late Slave Theater owner
Brooklyn man claims he is rightful owner of Slave Theater

Brooklyn man claims he is rightful owner of Slave Theater

Brooklyn man claims he is rightful owner of Slave Theater
Theatrical group in talks to preserve Slave Theater

Theatrical group in talks to preserve Slave Theater

Theatrical group in talks to preserve Slave Theater
Steps to develop Bed-Stuy theater thwarted by opposition

Steps to develop Bed-Stuy theater thwarted by opposition

Steps to develop Bed-Stuy theater thwarted by opposition
The Slave Theater

Slave Theater eyed by bevy of developers

Slave Theater eyed by bevy of developers
From left: Jonathan Solari, artistic director of the New Brooklyn Theater, and the Slave Theater

Kickstarter campaign aims to save Slave Theater

Kickstarter campaign aims to save Slave Theater
Slave Theater faces extinction

Slave Theater faces extinction

Slave Theater faces extinction
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...