The debt holder of iconic Theatre 80 on St. Marks Place evicted the longtime owners, Lorcan Otway and his wife Genie Gilmore and on May 9 agreed to sell the premises to a new owner. Now a petition on Change.org is urging Mayor Eric Adams to use eminent domain to seize the property. It has gnarred over 8,000 signatures. Photo: Change.org 8,000 Signature Petition Urges Mayor Adams to Use Eminent Domain to Save Theatre 80 LIK Holdings emerged as the wining bidder for the building that houses Theatre 80 at a bankruptcy court auction on May 9th,... News 18 May 2023 | 11:04
Theatre 80 has been an iconic performance space on St. Mark’s Place in the East Village for nearly 60 years, but it is now being shut down by a real estate developer and unless it can raise $12 million to pay off a loan in default, it could be sold at a bankruptcy auction. Before his eviction, owner Lorcan Otway stands outside the front doors of the theater that his father Howard bought in 1964. Photo: Keith J. Kelly Theatre 80 Hopes for a Miracle to Save It from Bankruptcy Auction now set for May 9th All that Lorcan Otway, the owner of the embattled Theatre 80 wants, is a little more time. The off beat East Village theater–where... News 18 Apr 2023 | 02:19
