Charles Cohen reels in Greenwich Village movie house

Real estate developer plans to renovate Quad Cinema, show rare films

New York /
Aug.August 26, 2014 08:00 AM

Real estate developer Charles Cohen purchased the Quad Cinema in Greenwich Village and will embark on a renovation that will see the independent theater reborn as a repertory house.

Following an overhaul of the theater at 34 West 13th Street next year, the facility will show classic films from the rare film library Cohen spearheads, the Cohen Film Collection, the Village Voice reported. It will also host discussions and lectures and screen foreign and independent films. Theaters will feature digital projection and sound, with one screen capable of showing film prints, according to the weekly.

“We feel the indie film community is underserved in terms of the number of screens there are in Manhattan,” Cohen told the Voice. “The proximity to [New York University] means there will be a natural audience of film lovers.”

Cohen did not disclose the terms of the deal, but said the owner, Maurice Kanbar, chose him over higher bidders because of his dedication to renewing the movie house. [Village Voice]Tom DiChristopher


Related Articles

arrow_forward_ios
KPG Funds' Rod Kritsberg and a photo illustration of the old (left) and new (right) buildings at 132 West 14th Street (KPG Funds, Getty Images)
KPG gets loan to turn “world’s ugliest building” into sleek office property
KPG gets loan to turn “world’s ugliest building” into sleek office property
From left: Jon Bon Jovi, CAA co-founder Michael Ovitz and 155 West 11th Street (Getty Images, Compass Real Estate, iStock)
Ovitz revealed as Bon Jovi’s Greenwich Village condo buyer
Ovitz revealed as Bon Jovi’s Greenwich Village condo buyer
Columbia Property Trust CEO Nelson Mills and 799 Broadway (Columbia Property Trust, 799BroadwayNYC.com, iStock)
Columbia Property Trust lands $270M refi at 799 Broadway
Columbia Property Trust lands $270M refi at 799 Broadway
Hugh Jackman with 176 Perry Street (Getty, Street Easy)
Hugh Jackman puts West Village condo on the market
Hugh Jackman puts West Village condo on the market
Arch's Jeffrey Simpson and Adam Neumann with 88 University Place (Arch Companies, Getty, Google Maps)
Former WeWork hub, hollowed out by IBM’s exit, gets $70M refi
Former WeWork hub, hollowed out by IBM’s exit, gets $70M refi
Molly Ringwald and Alexi Lubomirski (Getty Images, Credit Cristina Cote of The Cote Team)
Molly Ringwald’s former East Village townhouse hits market
Molly Ringwald’s former East Village townhouse hits market
27 Vandam Street, Hudson Square (Compass, iStock, Illustration by Kevin Cifuentes for The Real Deal)
Hudson Square townhouse in contract at $15M could break area record
Hudson Square townhouse in contract at $15M could break area record
Columbia Property Trust's Nelson Mills and 799 Broadway (Columbia Property Trust, 799 Broadway, iStock)
Columbia Property Trust signs investment firm to 71K sf at 799 Broadway
Columbia Property Trust signs investment firm to 71K sf at 799 Broadway
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...