Film group takes space for $1 a year

The Film-Makers’ Cooperative
has signed a five-year lease for space at developer Charles Cohen’s 475
Park Avenue South, at 32nd Street. For a rent of $1 a year, Cohen, a
film aficionado, gave the non-profit group — which archives, distributes and
restores experimental and avant-garde films — an approximately
3,600-square-foot space on the sixth floor. The film group will move
from its 900-square-foot space at the Clock Tower Building in Tribeca, where it
pays about $1 a foot in rent. As part of the move, a 15-seat theater will
also be built in the space. “I was in a position to help, and I thought
that I should,” Cohen said. “They are a wonderful group doing important
work.”