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Regal Signs Lease with Related to Continue Operating Union Square Theatre
Regal has signed a long-term lease agreement with Related to continue operating Regal Union Square in Manhattan.
Located at 850 Broadway, the theater recently underwent renovations and offers amenities, including Pepsi 4DX auditorium, ScreenX auditorium, and Regal Premium Experience (RPX). Cineworld, the British parent company of Regal, faced financial challenges and filed for bankruptcy protection last fall. As a result, the company identified 39 locations for closure, including the Union Square theater.
“In cooperation with our partners at Related, we are excited to enter into a long-term lease agreement for this premiere entertainment destination providing moviegoers from the area the best place to watch a movie for many years to come,” said Mooky Greidinger, CEO of Cineworld, the parent company of Regal.