The Sunshine Cinema will Close for Good on January 21

Posted on: January 10th, 2018 at 5:00 am by

The official closing date has been set for the Sunshine Cinema on East Houston Street.

A spokesperson for Landmark Theaters, the chain that owns the movie house, confirmed that the last day is just under two weeks from now. The date is January 21.

Recognition of the closing date arrives exactly two months after the Department of Buildings approved demolition of the 1898 building. Redevelopment will likely commence shortly thereafter.

As previously reported, East End Capital and K Property Group purchased the property from Landmark Theaters in May 2017 for a reported $31.5 million. The blockbuster sale went through two years after the cinema was first marketed. (Former co-owner Mark Cuban initially planned to buy the building with partner Todd Wagner and build a dine-in theater, but the plan tanked in 2012 after Community Board 3 rejection.)

Sunshine Cinema drilling, August 2017

These new investors will eventually construct a mixed-use project at 143 East Houston with ground-level retail and upstairs office space. The development site reportedly includes 20,000 square-feet of air rights. Expect another tall one for the East Houston Corridor. As of today, there are no plans on file with city.

Regarding the new development at 143 East Houston, Jonathan Yormak of East End Capital previously noted that, “We see the transition from bar and nightlife area to a live/work environment.”

“Landmark Theatres will continue showcasing our signature variety of quality films paired with a top-tier entertainment experience at our premiere West 57th location,” the spokesperson noted.

The elegant theater building at 139-143 East Houston was built in 1898. It was restored to a movie theater in 2001.

Recent Stories

Michael Shah Spent $19M on this Hell Square Tenement Building

On Wednesday, we reported that Michael Shah (Delshah Capital) picked up the Hell Square tenement at 138 Ludlow Street. With the transaction now public, it appears the controversial landlord paid $19 million for the property. Spending that kind of coin on a pre-war walkup means one thing. The requisite upscaling to luxury living. “Despite its […]

Brooklyn Diamond Coffee Fades from Lafayette Street

It’s no longer proverbial diamond in the rough (of Lafayette Street). Brooklyn Diamond, the upstart coffee shop, shuttered its SoHo java joint earlier this month. Brown butcher paper now hangs in the windows of 234 Lafayette, capping a brief tenure that barely lasted eight months. The original Brooklyn location also appears to be kaput. Both […]

Bowery Landlord Must Fix Unstable Staircase within 2 Weeks, City Says

Controversial landlord Joseph Betesh must fix the destabilized staircase inside 85 Bowery within two weeks, the city stated yesterday after dozens of tenants were evacuated from their homes. As part of the ongoing legal case between Betesh and the tenant association here, the State Supreme Court yesterday afternoon ordered a city inspection of the property. Apparently, the […]

Boss Tweed’s Saloon Won’t be Returning to Essex Street

Today in news that won’t surprise, we can report that Boss Tweed’s Saloon will not be returning to Essex Street. The City Marshals came to the long-shuttered nightclub and seized the space on behalf of the landlord. Boss Tweed’s barely survived its reboot, having spent five months in the wild before a 20-year-old Jersey girl […]

Breaking: DOB Evacuates Embattled Betesh Tenants from 85 Bowery

Down on the Bowery, total pandemonium right now as the authorities just evacuated the embattled tenants of 85 Bowery. Apparently the primary staircase is destabilized due to purported neglect, and a vacate order subsequently issued. This sudden liquidation follows a month after the state Department of Homes and Community Renewal (DHCR) determined that apartments in […]