Last year, it was announced that the Loew's Kings Theatre in Flatbush, one of the five grand "Wonder Theatres" in New York and New Jersey, was going to be restored to its former circa-1929 glory. A look inside at the time showed the current state of beautiful decay and abandonment, and all that potential. Now after being shuttered for nearly four decades, it will reopen in January 2015, restored to its original grandeur and "with sumptuous interiors inspired by the Palace of Versailles and the Paris Opera House." From yesterday's announcement:

"The Kings Theatre will serve as both a cultural and economic cornerstone for the Brooklyn community, presenting more than 200 performances annually—including music, dance, theatre, and comedy—providing a resource to foster and support creativity in the area, creating jobs and attracting thousands of visitors to the neighborhood."

The space will become "the largest theatre in Brooklyn with over 3,000 seats."

Meanwhile, at the other old Loew's, there's hope the New Jersey one will also be restored, but the one on Canal Street still is still just deteriorating.