In the early decades of the 20th century, opulent movie palaces were a mainstay of many New York City communities. But as cultural and economic shifts led to their decline, many of the once-majestic structures have lay vacant for decades – posing difficult questions for communities and developers alike as redevelopment looms, Crain’s reported. Ongoing projects include the partially landmarked Metro Theater at 2626 Broadway, which is once again close to a rebirth after a […]
source https://therealdeal.com/2018/12/01/why-vacant-movie-theaters-are-increasingly-becoming-new-dev-battlegrounds/
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