Coming Attractions: Soil Sampling as Sunshine Cinema Redevelopment Looms

Posted on: August 10th, 2017 at 5:00 am by

Outside the Sunshine Cinema on East Houston Street, a preview of the future. Namely, the forthcoming redevelopment of the neighborhood movie house into upscale retail and commercial offices.

This Davey Drill was spotted taking soil samples yesterday from beneath the sidewalk. Such testing usually signifies the preliminary step before larger construction action begins.

East End Capital and K Property Group purchased the property from Landmark Theaters this past May for $31.5 million. The blockbuster sale went through two years after the cinema was first marketed. These new investors will convert the building into a mixed-use project with ground-level retail and upstairs office space. The development site includes 20,000 square-feet of air rights, which they’ll presumably pocket for a later date.

Photo: East End Capital

As for the Sunshine Cinema itself, the business will close sometime in January 2018 once the lease is up.

Pre-sale, Landmark had been struggling to keep up with maintaining this location. Mainly due to the rising rents. That was the impetus behind an ill-fated liquor license application five years ago to convert the movie house into a dining destination much like Nitehawk Cinema in Williamsburg.

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

The elegant theater building at 139-143 East Houston was built in 1898.

Recent Stories

Lower East Side Children’s Halloween Parade Marches this Weekend

Time to test run those kiddie costumes! The Henry Street Settlement’s second annual children’s Halloween costume parade and party is happening this weekend, and promises plenty of spooktacular fun for all ages. The parade route starts at Abrons Arts Center (466 Grand Street) and follows the beats of the NYPD marching band through the streets […]

Here’s Why DOT Shouldn’t Move Forward with Hated Chinatown ‘Gateway’ Art Design [OP-ED]

A glimmer of hope came over me last month when I was informed that Department of Transportation would delay its presentation to Community Board 3 regarding the controversial Chinatown “Gateway” marker. I was cautiously optimistic that Linda Lee’s “Dragon’s Roar” design would be scrapped due to unanimous local outrage and opposition, and that the selection […]

Lebanese Eatery ‘Manousheh’ Signs Lease for Seward Park Location

The year-long dormancy of the former Grand Street 7-Eleven is drawing to a close. In its place, a familiar Lebanese restaurant. Word on the street is that Greenwich Village import, Manousheh, just signed a lease for the vacated space. We’re told that asking rent had been about $18,000, but final price is unknown. Occupancy apparently […]

Game Over for ‘Water World Amusements’ Arcade on Essex Street

Much like the movie of same, Water World Amusements unceremoniously sunk. The arcade, which opened just over a year ago at 35 Essex Street, is no more. Gaming cabinets remain locked in the dark retail space, while leasing signage dominates the store marquee. That this game room failed to hit is not a shock. Water […]

‘Greens and Grains’ Shutters, While Famous Hakki Readies Essex Chicken Spot

Greens and Grains is no more after a year in business, as Hell Square eats another of its own. Instead, the so-called Pizza Champion is opening a chicken-focused eatery. Hakki Akdeniz, who owns a plethora of pizzerias around the neighborhood, is planning to open Essex Chicken at 115 Essex Street. Just a few doors down […]