734 Nostrand Ave, just north of Park Place, formerly home to Imhotep's vegetarian restaurant, will soon (er or later) become home to Nostrand Avenue's first in recent memory art and performance space. Liane Fredel, a local resident, purchased the property in 2013 and has spent considerable time upgrading the residential units. Now she's focusing on the commercial space. I spoke with her today and she said she will definitely be opening this year. Being that it's January, that still gives her a lot of time. In addition to hosting local artists and performers, she plans to offer classes for youth on the weekends.