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Judge Sets Sale Of Landmark Theatres, Other Charles Cohen Properties In Foreclosure Auction
A New York judge set a Nov. 8 auction date for properties owned by Cohen Realty Enterprises, including the Landmark and Curzon arthouse cinema chains.
Since then, the chain has lost leases and closed locations including its most important, the west side LA theater, and in San Francisco, Seattle and Denver. Judge Joel M. Cohen agreed to move ahead with the auction after denying Fortress’ first petition in June on technical grounds. Sony recently acquired Alamo Drafthouse, and bigger chains from AMC to Cinemark have been cherry picking leases of theaters they like in strategic locations, but rarely looking at entire circuits.
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