In the News: Movie Theater Opening in the Seaport

••• “IPic, a chain of luxe theaters with seats and food and drink service comparable to those of first-class airlines”—excuse me for a minute while I laugh—”has signed a deal for a 40,000 square-foot location at the South Street Seaport. The complex, at 11 Fulton St. in the Fulton Marketplace, is set to open in mid-2015. Seeing a movie at the 505-seat, eight-auditorium iPic theaters will cost $14 to $28 person, depending on the night of the week and the level of service.” —New York Post

••• “Media investment management giant GroupM has signed a 20-year lease for over a half-million square feet at 3 WTC, paving the way for the Richard Rogers-designed office and retail tower to rise to its full 80 stories.” —New York Post

••• The Wall Street Journal has a recap of Brookfield Place’s progress. Of note: “Eventually, West Street, which is now more of a highway, will be turned into a boulevard similar to Park Avenue, said [David T. Cheikin, Brookfield’s vice president of the New York region]. That will be something to see! Also: The “35,000-square-foot dining terrace featuring 14 upscale”—LOL—”fast-casual dining vendors will be the first part of Brookfield to open next spring. Fashion retailers are scheduled to follow in 2015.”

••• “This kind of move is not easy to pull off: the guys who bought the ‘1,784 sq ft’ Manhattan loft #4F at 1 York Street from the sponsor in June 2008 sold in 2010 at a loss of about $376,000. That buyer got The Memo (you know it: the punchline is buy low, sell high) and just resold for a $700,000 gain. That’s a weird sequence, suggesting that the original buyers were under some financial duress.” —Manhattan Loft Guy

••• “Residents of the South Street Seaport are pushing for a Citi Bike station in their neighborhood, hoping it could bring foot traffic to an area that is still recovering from Hurricane Sandy.” Remember, “residents” is DNAinfo-speak for Community Board 1.

••• Downtown Lunch tries the secret FiDi kiosk Dovid’s Kosher (where the default for a pastrami sandwich is white bread…?).

••• “The Battery Park City Parks Conservancy is offering some winter recess activities at the ball fields on West Street between Warren and Murray Streets. Geared for youngsters aged 7 to 12, the programs will be provided on December 23, 26, 27 and 30.” —Broadsheet

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