AMC CEO Adam Aron has spoken out on the closure of New York City’s popular AMC Kips Bay 15 movie theater, which will shutter on Jan. 3.
\n\nAron wrote a letter to the Kips Bay community and addressed how the nearby hospital NYU Langone, which plans to grow its medical facility, has not engaged with any of AMC’s alternatives to share the space. In addition to the 15-screen AMC theater, the building also houses a Fairway supermarket and bank, which are also expected to close.
\n\n“Unfortunately, the decision to retain or end AMC’s tenure in Kips Bay is not ours to make. The nearby NYU Langone Health facility wants to expand, seems to be in the process of buying the building in which your (our) theatre now operates, and it wants us gone. In anticipation of such a transfer to NYU Langone, the current building’s owner has terminated our lease,” Aron writes. “We have engaged with NYU Langone, suggesting any number of alternatives — including that it enlarge the current low-rise building to satisfy its desires for a growth of its medical facility but also leaving a theatre in place for you. Or alternatively, we offered that our theatre could…
Original source: https://variety.com/