Wednesday 20 June 2018

Ashkenazy buys AMC movie theater for $53M

Ashkenazy Acquisition Corporation bought a movie theater on the Upper West side for $53 million, after the Bromley Companies attempted to block the sale. The Midtown-based firm purchased 2318 Broadway from American Multi-Cinema, according to court documents and a source with knowledge of the sale. As part of the deal, AMC movie theater will lease the space back from Ashkenazy for an initial $3 million for the first year, with rent increasing 2 percent each […]



source https://therealdeal.com/2018/06/20/ashkenazy-buys-amc-movie-theater-for-53m/

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