Demolition Planned For Defunct 82nd Street Movie Theater

The end is looming for the ornate but decrepit vacant movie theater on 82nd Street, as its soon-to-be new owner plans to demolish it within the next few months.

The property, located at 40-31 82nd St., is currently owned by Sona Realty Corp. It is under contract with Sun Equity Partners, according to David Alani of Inline Realty, which is brokering the deal.

Sun Equity Partners plans to demolish, rebuild and lease the space.

Read Full Article