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New Metro to become Urban Outfitters
posted by
HowardBHaas
on
January 7, 2009 at 10:45 am
NEW YORK, NY — The New York Post reports that the New Metro, vacant since movies ceased, has a new tenant Urban Outfitters, which has a 20 year lease for all 15,000 square feet on three and a half levels.
The Metro’s owners, who have had it on the sale block since early last year, just signed a big tenant: Urban Outfitters, which is netleasing all 15,000 square feet on 3 and a half levels. It will be the seventh Manhattan location for the teen-oriented clothing chain, which bucked prevailing trends and enjoyed a 31 percent earnings increase last year.
Read the full story in the New York Post.
Comments (3)
This theatre, when twinned many years ago actually turned out nice. The original balcony was one theatre and the orchestra was the other. That meant each theatre had a nice large screen. In its later years it was a little fray around the edges, but still in good shape. Its too bad everyone has the “twins cant make money anymore” attitude. Another treasure bites the dust.
Too bad they couldn’t do what they did to make the Urban Outfitters store in Ann Arbor, Michigan. It was housed in the State Theatre, a big Art Deco house down the street from the better-known (and restored) Michigan Theatre. The State’s facade was left completely intact, the lobby was adjusted so you could go into Urban Outfitters on the main floor (some vestiges of the theatre interior were still there, but not a lot), or go up into the former balcony, which still operated as a twin cinema.
That would have been nice here to. But remember, I think the people in Michigan might care a little bit more about their treasures than most people in New York do. Look at the Loews Kings in Brooklyn. Its sitting there for over 30 years empty, yet except for those of us on this forum, nobody else cares. Thats the biggest reason these places get demolished or converted in the first place.