New City Associates, LLC.(developer to build apartment above theater)(Brief Article) Real Estate Weekly | May 24, 2000 | COPYRIGHT 2000 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

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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