746-750 Nostrand Ave aka The Black Lady Theater - Brooklynian

746-750 Nostrand Ave aka The Black Lady Theater

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I hear that this building sold at auction for $3.7 million. I have it on good authority that the purchaser (whoever he/she/it is) has the option to build an additional floor, as that side of Nostrand is not landmarked. 

For those unaware of this building's history, this was the Black Lady Theater, which was founded by Judge John Phillips in the 1980s. It's sister theater, also founded by Judge Phillips and called Slave 1, on 1215 Fulton, is about to be demolished by a developer. 


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