The Paramount Theatre is a former movie palace located at 1 University Plaza at the intersection of Flatbush and DeKalb Avenues in downtown Brooklyn, New York. Opened in 1928, the building has been owned by Long Island University (LIU) since 1962. Converted for use by LIU as classroom space and a gymnasium, the building retains much of the theater's original decorative detail. Until recently the venue operated as a 1200-seat multi-purpose arena, formerly home to the Brooklyn Kings basketball team. It is now in the planning stages of a renovation to reopen the theater as a performing arts venue in 2018.HistoryTheatreParamount Pictures constructed the venue in 1928 and selected the Chicago theater architect team Rapp and Rapp as designers. The studio constructed a sister Paramount Theatre in Times Square, Manhattan. The rococo-designed theater had 4,084 seats covered in burgundy velvet, with a ceiling painted with clouds. The auditorium featured a 60ft stage curtain decorated with satin-embroidered pheasants and huge chandeliers and fountains with goldfish adorned the lobby space.
