Regal has signed a long-term lease agreement with Related to continue operating the Regal Union Square theater in Manhattan. Located at 850 Broadway, the recently renovated theater features amenities such as Pepsi 4DX auditorium, ScreenX auditorium and Regal Premium Experience (RPX). Last fall, Cineworld – the British parent company of Regal – faced financial challenges and filed for bankruptcy protection. This led to 39 locations being closed including Union Square theatre.
Mooky Greidinger, CEO of Cineworld – parent company of Regal – expressed his excitement about entering into a long-term lease agreement for this premiere entertainment destination: “We are thrilled to provide moviegoers from the area with one of best places to watch movies for many years ahead” he said.
