The Sunshine Cinema will Close for Good on January 21
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.)
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.