Luxury theater to take 40,000 square feet at South Street Seaport

A luxury theater chain that wines and dines patrons is coming to Howard Hughes Corporation’s South Street Seaport redevelopment. IPic, where movie-goers can expect to pay up to $28 for extreme pampering, will take 40,000 square feet at an upcoming complex at 11 Fulton Street.

The theater will have 505 seats and eight auditoriums, the New York Post reported. “IPic takes a commodity experience and turns it into an extraordinary night out by providing services and amenities that are not typically found in a movie theater,” the company’s CEO Hamid Hashemi told the newspaper.

The complex is set to open in mid-2015, according to the Post. Howard Hughes Corporation is also partnering with Stanley Chera’s Crown Acquisitions on a three-story glass retail building to be developed at the seaport’s Pier 17, and is looking at developing a 50-story hotel and apartment tower at the seaport. [NYP] – Hiten Samtani