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December 22, 2005
SECRET TREASURE IN MUSIC PALACE
New York's Music Palace theater was NYC's last Chinese movie theater and one of the very last Chinese movie theaters in North America, and after it closed in 2000 the building sat on the corner of Bowery and Hester St. just rotting.
Well some folks have bought it recently (for $14 million) and although their plans for it aren't known they do seem to be rebuilding. While their architect was drawing up plans the went into the basement and discovered a cache of 400-500 movies. There was a lot of speculation when the Music Palace closed as to what happened to the hundreds of 35mm prints that everyone knew were floating around the building. Well, apparently they were in the basement just sort of sitting around.
The new owner plans to catalogue the prints and give them to "someone who will appreciate them". They say that most of the movies are from the 1970's, 80's and 90's.
December 22, 2005 at 09:36 AM in News | Permalink
Comments
Grady,
I already know what's up your sleeve! :-)
Contact me if you plan on anything. I would like to go just for the hell of it!
Posted by: fishcado | Dec 22, 2005 1:06:46 PM
I need an investment opportunity.
I want in on a theater to show those 35 mm prints somewhere on the East Coast.
Posted by: glenn | Dec 22, 2005 1:15:06 PM
But what condition are the prints in? Grady, remember the scratches galore, etc. on the print when we viewed FIST OF LEGEND at the Music Palace? :S
Posted by: YTSL | Dec 24, 2005 5:53:25 PM
Hello Grady,
Long time no see wow this is news I like to hear what will become of these prints? Keep us posted Thanks Al Kyonsi Bronx, NY.
Posted by: Allen F. | Dec 28, 2005 11:04:25 AM
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