The Regal Union Square multiplex cinema will remain open after it reached a lease agreement with its landlord, the Related Companies, the groups announced last week.
The announcement means the prominent movie theater, which presents both blockbusters and critical darlings on 17 screens, will remain open for the foreseeable future, despite anCineworld and Related announced the lease deal in a“Regal Union Square is a state-of-the-art theatre featuring the latest advancements to the moviegoing experience,” said, Cineworld’s CEO, in a statement.
Related’s senior vice president Chad Jones said the real estate giant is “thrilled to continue our long-term relationship with Regal in the heart of Union Square.” The press release did not include information on the monthly rent, term of the lease, or whether the cinema will retain all of the space it currently has. Related declined further comment, while Cineworld did not return a request for comment.
The 2,000-seat multiplex never actually closed its doors despite the announcement earlier this year, and has 66 movie showings scheduled for Tuesday, including
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