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Online Booking Fees Keeping Some Hotel Investors on the Sidelines
- Real Estate Weekly

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JULY 10, 2006

CHOOSING MATINEES OVER MORTGAGES

- Crain's New York Business


Featuring Abraham Hidary on Hidrock's Pavilion Movie Theater

With housing prices in brownstone Brooklyn at lofty levels, patrons of the Park Slope Pavilion movie theater often ask anxiously if it will be converted to condominiums.

The new owner has a reassuring answer, at least for the short term.

"It would be a great condo conversion at some point," says Abraham J. Hidary, president of Manhattan-based Hidrock Realty Inc. "[But] it is a movie theater, and is going to remain that way for a long time."

 

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2006-July