It’s curtains for Ziegfeld: Iconic theater to become event space

Fisher Brothers and Core Ziegfeld inked a 20-year lease

TRD New York /
Jan.January 21, 2016 08:31 AM

The city’s last single-screen movie theater is calling it quits.

The struggling Ziegfeld Theater at 141 West 54th Street will close its doors in the next couple of weeks to make way for its latest incarnation: The Ziegfeld Ballroom.

The 21,331-square-foot space will host galas and corporate events after it undergoes a major renovation, landlords Fisher Brothers and Core Ziegfeld LLC announced in a statement. The partners, who own and operate Gotham Hall, inked a 20-year lease at the space. Anthony Dattoma and Susan Kurland of CBRE represented Core Ziegfeld. Fisher Brothers was represented in-house by Marc Packman.

The renovated building will be able to host 1,200 people for receptions and between 800 to 1,000 guests for seated events. The revamped building will feature a 10,000-square-foot ballroom and five meeting rooms, the New York Post reported. The design, by architect Richard Bloch, will be in an art-deco style to honor Florenz Ziegfeld’s original 1927 theater, which was replaced by the current movie theater in 1969. It will re-open in fall of 2017.

For now, the movie theater will continue to show its final movie, “Star Wars: The Force Awakens.” [NYP]Kathryn Brenzel


Related Articles

arrow_forward_ios
RFR Realty’s Aby Rosen with 1600 Broadway and 900 Third Avenue (Credit: Getty Images, Google Maps)

Aby Rosen ditches $600M in building buys

Aby Rosen ditches $600M in building buys
150 West 48th Street and Sam Chang (Credit: Google Maps and iStock)

What retirement? Sam Chang files plans for Midtown hotel

What retirement? Sam Chang files plans for Midtown hotel
McDonald's at 429 Seventh Avenue (Credit: Google Maps)

McDonald’s sells Midtown retail building for $35M

McDonald’s sells Midtown retail building for $35M
729 Seventh Avenue (Credit: Google Maps)

Woman killed by falling façade at Himmel + Meringoff’s Midtown office building

Woman killed by falling façade at Himmel + Meringoff’s Midtown office building
New York Times building and publisher A.G. Sulzberger (Credit: Getty Images, Wikipedia)

Extra, extra: New York Times buying back its building!

Extra, extra: New York Times buying back its building!
50 Rockefeller Plaza and Katten's Chris DiAngelo (Credit: Google and Katten)

Katten law firm moving to Rockefeller Center

Katten law firm moving to Rockefeller Center
111 West 57th Street (Credit: iStock)

Another legal door closes for jilted investor at 111 West 57th Street

Another legal door closes for jilted investor at 111 West 57th Street
113-119 East 55th Street and Arthur Zecekndorf of Zeckendorf Development (Credit: Meridian Investment Sales and Getty Images)

These are the details on Zeckendorf Development’s latest residential project

These are the details on Zeckendorf Development’s latest residential project
arrow_forward_ios

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

Loading...