28 July 2008

Ridgewood Theatre: Soon YOU Can Afford It

The price on the 92-year-old Ridgewood Theatre is going down.

The old movie house—diner-saver Michael Perlman's professed latest target for salvation—closed down last winter after nine decades of continual service. The Thomas Lamb-built structure was then put on the market for $14 million.

But don't fret! You can now have it for only $9.5 million. Guess old Vaudeville houses in out-of-the-way nabes aren't as hot as they once were.

1 comment:

Anonymous said...

The problem with old movie theaters is that they're not suitable for many other uses without extensive renovations, which can be costly. And it could be argued that a theater which has been renovated to the point that its auditorium is no longer intact has lost so much of its character it really hasn't been "saved" at all.