Tangram project will include a 4D multiplex

Korean chain CJ CGV will open a theater with seven auditoriums in the development

New York /
Oct.October 13, 2017 03:15 PM

The movie theater coming to Flushing’s massive Tangram project will consist of a 4D multiplex with seven auditoriums from the South Korean cinema chain CJ CGV.

CJ CGV signed a lease at the 39th Avenue project, according to the Commercial Observer. The asking rent for the theater was $65 per square foot, and it should be for 20 years with options.

This will be the first movie theater in Flushing in 30 years. The 4D location will include environmental effects like rain and wind as well as motion vibration, and it will contain a ScreenX auditorium as well, featuring a 270-degree panoramic experience that extends visuals on screen to the left and right.

The Tangram project, one of many developments coming to Flushing, will also include two condo buildings with 317 units and an office condo with 48 units spanning 85,000 square feet. [CO]Eddie Small


Related Articles

arrow_forward_ios
From left: Rybak Development's Sergey Rybak, 126 East 86th Street, 128 East 125th Street, Maddd Equities' Jorge Madruga (Rybak, Google Maps; Getty)

Manhattan investment sales show vital signs again

Manhattan investment sales show vital signs again
The Economic Innovation Group identified 145 real estate investments in Opportunity Zones (iStock)

Real estate deals dominate Opportunity Zones. Is that bad?

Real estate deals dominate Opportunity Zones. Is that bad?
The Grand Hyatt Hotel at 109 East 42nd Street and and  RXR’s Scott Rechler (Wikipedia Commons; Getty)

Grand Hyatt redevelopment could be 1,600-foot supertall

Grand Hyatt redevelopment could be 1,600-foot supertall
A rendering of Gowanus Green and HPD commissioner Louise Carroll (Rendering via Jonathan Rose Companies)

Massive Gowanus development will be 100% affordable

Massive Gowanus development will be 100% affordable
The second-largest movie theater operator in the U.S. is hunting for a financial lifeline (iStock)

Regal Cinemas in talks for rescue deal

Regal Cinemas in talks for rescue deal
Sheldon Solow (Getty)

Billionaire developer Sheldon Solow dies at 92

Billionaire developer Sheldon Solow dies at 92
Peter Koo and the Flushing waterfront (Facebook, Flushing Waterfront, rendering by Jeff Strikeman Architectural Art)

Flushing … another project down the toilet?

Flushing … another project down the toilet?
Photo-illustration (images via Getty)

Kiss the ring: City pols weigh heavy on development in these major markets

Kiss the ring: City pols weigh heavy on development in these major markets
arrow_forward_ios

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

Loading...