Concert venue

Grand Prospect Hall, Brooklyn Event Space, and Concert Hall, sold for $ 22.5 million


Al Pereira / Getty ImagesGreat prospectsHot Tuna’s Jorma Kaukonen performs at Brooklyn’s Grand Prospect Hall, which sold for $ 22.5 million, in April 2017.

Grand Prospect Hall, the event space and occasional concert venue in Brooklyn, NY, was purchased by Gowanus Cubes LLC for $ 22.5 million, in a larger $ 30 million deal for him and 11 neighboring properties, according to Gothamist.com and TheRealDeal.com.

Built in 1892 and located in the Park Slope neighborhood of Brooklyn, Grand Prospect Hall was purchased by Michael and Alice Halkias in 1981 and opened in 1985. The place, known for its slogan “where dreams come true”, has been a popular gathering place for weddings, banquets, and other celebrations – and throughout its history, has also hosted concerts periodically.

Shows at the space included a celebration of the 12th anniversary of independent label DFA in 2013; Hot Tuna and Arcade Fire concerts in 2017; and the recurrent Zlatne Uste Gold Festival, which presents the music of the Balkans.

Poll starThe only box office report for the location dates back to October 2019, when a team of promoters including House of Yes and Zero Productions staged “City of Gods Halloween” – “a great pantheistic power convergence, a rally grotesque opulence and eternal extravagance “which included several DJs, according to one list – at the Grand Prospect Hall. The event sold $ 11,507 and grossed $ 1.3 million.

Additionally, productions from “30 Rock” to “The Royal Tenenbaums” shot stages at the Grand Prospect Hall, and the space was parodied by people like “Saturday Night Live” and Jimmy Kimmel.

The site was added to the National Register of Historic Places in 1999.

When The Real Deal contacted attorney Oded Ben-Ami, who represents Angelo Rigas, the party that purchased the venue through Gowanus Cubes LLC, the attorney declined to reveal what was planned for the venue and its adjacent properties.


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