Paris Theater
VANISHING
When the Ziegfeld closed, the Paris became Manhattan's last single-screen movie theater. Now, according to Deadline, it will vanish.
It is "expected to shutter in late July, according to the buzz on the Gotham arthouse theater circuit," they write.
Located just under Central Park, next to the Plaza Hotel, "The Paris is owned by Sheldon Solow, best known for the prestige building 9 West 57th Street. It has been booked for years by Bob Smerling, who didn’t return phone calls. The presence of throwback houses like The Paris is dependent upon the goodwill of the handful of family owned real estate companies that dominate Manhattan. That theater occupies prime real estate that could most certainly be used for other purposes and draw high rents."
This, after the recent loss of Lincoln Plaza Cinemas, speaks to two problems with this city: The rents and the rents.
Maybe someone will step up and save this one.
When the Ziegfeld closed, the Paris became Manhattan's last single-screen movie theater. Now, according to Deadline, it will vanish.
It is "expected to shutter in late July, according to the buzz on the Gotham arthouse theater circuit," they write.
Located just under Central Park, next to the Plaza Hotel, "The Paris is owned by Sheldon Solow, best known for the prestige building 9 West 57th Street. It has been booked for years by Bob Smerling, who didn’t return phone calls. The presence of throwback houses like The Paris is dependent upon the goodwill of the handful of family owned real estate companies that dominate Manhattan. That theater occupies prime real estate that could most certainly be used for other purposes and draw high rents."
This, after the recent loss of Lincoln Plaza Cinemas, speaks to two problems with this city: The rents and the rents.
Maybe someone will step up and save this one.
Comments
Post a Comment