The sun has officially set on a beloved Lower East Side movie theater, as new owners prepare to replace the 19th-century building with a boutique office building. On Sunday, moviegoers watched Darkest Hour, the last film to be screened at Landmark ...
By Audrey Wachs (@gridwachs) • January 23, 2018
Development East News
Here's the office building that's replacing Sunshine Cinema. (Courtesy Real Estate Arts)
The sun has officially set on a beloved Lower East Side movie theater, as new owners prepare to replace the 19th-century building with a boutique office building.
On Sunday, moviegoers watched Darkest Hour, the last film to be screened at Landmark Sunshine Cinema. The theater, a neighborhood mainstay since the early 2000s, will be supplanted by a nine-story commercial property designed by New York’s Roger Ferris + Partners. The 65,000-square-foot structure features a not-so-contextual glass curtain wall facade, as well as ground floor retail. Lucky tenants will be steps away from delicious knishes at Yonah Schimmel’s.
The building was a theater once before Sunshine Cinema. Originally consecrated as a Dutch Reformed Church, the building was later converted into a venue for movies and Yiddish vaudeville. Between then and Sunshine’s opening in December 2001, a hardware store used the building as a warehouse. The New York Times reported the movie theater’s operator, Tim Nye, partnered with Los Angeles–based independent movie theater chain Landmark Theaters to bring Sunshine to life. Landmark Theaters was looking for a home base in New York City, and the partnership with Nye offered the perfect opportunity for expansion.
Like so many other local businesses to close up shop, Nye believed that the rent for the building would skyrocket and tank the business. Developers East End Capital and K Property Group bought the building for $31.5 million last year, and yesterday, local blogger EV Grieve posted pictures of the theater’s discarded seats in a dumpster outside the building. Even though Sunshine Cinema was doing very well financially, Nye predicted the landlord will raise the $8,000 rent dramatically when his 25-year lease ends on January 31. Demolition begins in March, and Ferris’s building (dubbed 141 East Houston Street) will be complete in early 2019.
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