The Pavilion Theater Building in Park Slope will continue on under new management after plans to turn it into a residential site are scrapped.
In October of last year, Hidrock Properties got government approval to transform the theater at 188 Prospect Park West to residential use while retaining a movie theater and the building's historic facades. It withdrew that plan and instead sold the property.
The theater, which is the only one in Park Slope, has been put under management of the popular Brooklyn-based Nitehawk Cinemas.
It is expected to close by the end of October for renovations that should take about a year and will reopen under the name Nitehawk Prospect Park.
The new theater will have seven screens and a total of 650 seats.
It first opened in the early 1900s as a vaudeville theater and was converted to a movie house in 1928.