The 14-acre beachfront spread on Meadow Lane in Southampton, N.Y., was assembled from four parcels of land and includes several homes.
NYS Entity Status
NYS Filing Date
JANUARY 10, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - 472 FRANKLIN STREET PROPERTIES, LLC
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The Opera Plaza Cinema, a cozy four-screen movie theater known for its independent and documentary programming, appears headed for closure.Opera Plaza LP, owner of the commercial property at the 13-story condo tower in the Civic Center, has filed a request with the city to convert the ground-floor space from a movie theater to 6,000 square feet of retail sales and service.“Opera Plaza Cinema is no longer economically viable — and has not been for a long period of time,” said Nathan Nishiguchi of Urban Pacific Properties, managing agent for Opera Plaza.The operator (Landmark Theatres) and the landlord have arrived at the decision that closing the theater is the most appropriate next step.[...] Ted Mundorff, president of Landmark, a Los Angeles chain that runs the cinema, wrote in an email that he had met with the landlord this week and was under the impression that negotiations were ongoing.Landmark does not comment on its lease arrangements, but in an email statement, property manager Nishiguchi said the cinema has been on a month-to-month lease for eight years.The complex covers a square block between Van Ness Avenue and Franklin Street, Golden Gate Avenue and Turk Street, a short walk from the War Memorial Opera House it is named for.When Landmark took over the cinema in 1991, its ads stated “in the screening rooms” as code for indie and foreign movies the cognoscenti would be willing to search out.“When a film finished doing well at the Bridge or the Clay, we would move it over to the Opera Plaza,” said Gary Meyer, a co-founder of Landmark and now a consultant to film festivals and art-house cinemas.