The New York Daily News covers the Brooklyn Heights Cinema’s successful Indiegogo campaign to raise funds for digital projection. Owner Kenn Lowy addresses the question on everyone’s mind – will the theater have to move soon as its landlord is looking to sell (for $7.5 million) or lease (for $30K/month) the building.
NYDN: The theater has operated under a month-to-month agreement ever since the lease expired nearly two years ago, and the cost of moving the digital equipment would be “manageable.”
Not that he’s eager to go anywhere else.
“The location is so good,” Lowy said. “I’m not leaving until I have to.”