Article: New City Associates, LLC.(developer to build apartment above theater)(Brief Article)

Mayor Rudolph W. Giuliani announced the sale of the development rights for the air space above the Theater for the New City. Developer New City Associates, LLC will construct a 14-story apartment building above the theater at 155 First Avenue.

The Theater for the New City undertook a major renovation program in 1987 and the $2 million rproject exceeded the Theater' budget and led to a lien in 1997 that threatened to close down the ...

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