This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
$47.5M Loan Secured to Renovate the Jacob Riis Park Bathhouse
$47.5M Loan Secured to Renovate the Jacob Riis Park Bathhouse
29 March 2023
A top-down renovation of the historic Jacob Riis Park Bathhouse in Rockaway Beach, Queens will soon begin now that developers have secured more than $47.5 million in construction financing. The project team includes architect Beyer Blinder Belle alongside CBSK Developers, Brooklyn Bazaar, and Aulder Capital.
Constructed in the 1930s, the bathhouse comprises 40,000 square feet and stands around three stories tall. While the building’s octagonal red brick towers are its most significant exterior feature, the interiors once included arched changing rooms, lavish tiling, and communal bathing areas. By the 1990s, the bathhouse had changed ownership several times and finally closed in a state of disrepair.
The new owners intend to restore the building to its former glory. Activations will include a new 28-key hotel, a rooftop restaurant, ground-floor eateries, a beachfront bar, an indoor pool, flexible event spaces, and retailers stocking beach supplies including sunblock and towels.
For the full article see New York Yimby
Constructed in the 1930s, the bathhouse comprises 40,000 square feet and stands around three stories tall. While the building’s octagonal red brick towers are its most significant exterior feature, the interiors once included arched changing rooms, lavish tiling, and communal bathing areas. By the 1990s, the bathhouse had changed ownership several times and finally closed in a state of disrepair.
The new owners intend to restore the building to its former glory. Activations will include a new 28-key hotel, a rooftop restaurant, ground-floor eateries, a beachfront bar, an indoor pool, flexible event spaces, and retailers stocking beach supplies including sunblock and towels.
For the full article see New York Yimby