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AMC Kips Bay Faces Final Sunset Jan 3

Summary

  • AMC's Kips Bay theater lease terminated by owner.
  • NYU Langone Health wants to expand, AMC wants to stay.
  • The theater's final day of operation is January 3.
AMC Kips Bay Faces Final Sunset Jan 3

AMC Theatres faces imminent closure of its Kips Bay 15 multiplex in Manhattan, as its lease has been terminated. The property's owner is reportedly selling to NYU Langone Health, which plans to expand its facilities.

AMC CEO Adam Aron stated in an open letter that the company wishes to remain in Kips Bay but acknowledges the decision is out of their hands. He noted that all proposed alternatives to keep the theater operating have been rejected by NYU Langone Health.

The multiplex, a commercial hub since 1999, will see its final sunset on January 3, unless a solution is found. Aron urged NYU Langone Health to collaborate on a solution that benefits both the community and its healthcare needs.

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Property Code: 5571