Greenwich Village Theatre
220 W. 4th Street,
New York,
NY
10014
220 W. 4th Street,
New York,
NY
10014
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On further review, the caption says this particular theater was razed in 1930. A NYT article on the same date says the theater in questions was at Greenwich Avenue and Twelfth Street.
This story was reported in a few different newspapers in July 1937:
http://tinyurl.com/5qf37j