AMC Kips Bay Theater Sets Closing Date, CEO Speaks Out Against NYU Langone
Key Points:
- AMC Kips Bay 15 movie theater in New York City will close on January 3, 2024, due to NYU Langone Health's planned expansion of its nearby medical facility and the termination of AMC's lease by the building owner.
- AMC CEO Adam Aron expressed regret over the closure, highlighting the theater's popularity, including its ranking among the top 10 most attended AMC theaters nationally on several summer days.
- AMC proposed several alternatives to NYU Langone to retain some theater presence while allowing the hospital's expansion, but these offers were rejected.
- The closure ends a 27-year run for the theater, which AMC took over in 2006, and has sparked community support and protests to keep it open.
- AMC calls on NYU Langone to reconsider and find a creative solution that balances the hospital’s growth with preserving the theater for the local community.