EXPLORETime Out New York · 3h ago
This historic Upper East Side movie theater just abruptly closed after 64 years
Executive Brief
The 30-second read
Cinema 123 by Angelika has permanently closed its Upper East Side location following a $41 million property sale agreement. The closure marks the end of the theater's sixty-four-year tenure as a local Third Avenue fixture.
- 01Facility operations ceased immediately after more than six decades of service
- 02Real estate transaction valued at 41 million dollars precipitated the abrupt closure
- 03Location on Third Avenue has officially gone dark following the site sale
- 04Transition ends the tenure of the Angelika brand at this historic neighborhood site
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London Business News: Executive Guide →AI-generated summary · Verify at source
Cinema 123 by Angelika has gone dark on Third Avenue after more than six decades, following a $41 million sale agreement.