Skip to main content

Posts

Featured Post

Atlantic Yards/Pacific Park FAQ, timeline, and infographics (pinned post)

Recent posts

In another stage of arena revamp, Brooklyn Sports & Entertainment plans to replace Qatar Airways Club with new space

I already cited the press release from Brooklyn Sports & Entertainment, Jan. 16,  Brooklyn Sports & Entertainment Announces Reimagined Premium Event-level Experience at Barclays Center , in my other coverage today about BSE, but let's capture the full press release and a few highlights. First, the claimed investment to revamp arena spaces is now up to $140 million, after long being said to be $100 million--even in a document I cited today. While the space at the western end of the arena would replace what's now called the Qatar Airways Club, that (expiring, departing) sponsor goes unmentioned. Surely there will be a new one. "Spanning more than 9,000 square feet and accommodating 360 members, the space is inspired by the layered evolution of DUMBO, where industrial roots meet modern refinement," the announcement states.  Well, they've invoked "brownstone" before, so they're just doubling down. Except the heritage of DUMBO is anchored in histo...

The aftermath of the Pintchik sale: turnover after new owners of retail in blocks near arena raised rents, according to Park Slope Pulse

Photos: Norman Oder On Jan. 4, the publication Park Slope Pulse published Why 30+ Local Businesses closed in 2025 across Park Slope, Prospect Heights, and Gowanus , with a closer look at Bergen Street. "Several owners specifically cited rent hikes along the Bergen Street corridor between 5th Avenue and Flatbush Avenue - a stretch long known for independent boutiques and eateries," the publication reported. "Business owners have also reported similar rent increases along 5th Avenue." As I  reported last year, longtime landlords, the Pintchik family, sold 26 buildings, including 11 on Bergen Street for $102.5 million to the Ostad brothers. of Tristar Management. The total included 32 retail spaces and 80 apartments. Given the original owners' low cost basis, they were known for reasonable rents. That was expected to change, and it apparently did. (The new owners have not, however, added floors to the buildings.)  "Notice to the Customer," reads the sign...

BSE Global's Brooklyn Basketball Training Center hosts a social uplift event, but mainly $65/hour youth classes, with murky info on financial aid.

So, is the Brooklyn Basketball Training Center, in the former Modell's store across Flatbush Avenue from the Barclays Center, a place for social uplift? Or for pursuit of profit? Probably more of the latter, though BSE Global, which operates the center (and owns the arena company and the Brooklyn Nets/New York Liberty), surely wants to emphasize the former. Consider: the Training Center last Dec. 6 hosted an event for more than 60 youths sponsored by Common's Free to Dream initiative, in partnership with the Brooklyn Nets and the Social Justice Fund established by BSE Global owners Joe and Clara Wu Tsai.  (See NetsDaily's  Common and the Social Justice Fund team up to help Brooklyn , which noted that some students came from Paterson, NJ.) View this post on Instagram A post shared by FREE TO DREAM™ (@iam_freetodream) Cross promotions It involved "inspiring keynotes, interactive workshops, and a premium game-day experience at the Barclays Center,...