Overview
- AMC confirmed Monday that the Kips Bay 15 will remain open through the end of 2026 and then close because the landlord exercised its contractual right to terminate the lease early.
- A formal closure date and the details of arrangements between AMC and the property owner are still being finalized and will be announced in the coming months.
- Property records identify the landowner as Kips Bay Development Limited Partnership, affiliated with JD Carlisle Development Corp. and MD Carlisle Construction Corp., and those owners declined to comment.
- Reports linking the site to a possible NYU Langone expansion have circulated but remain unconfirmed by NYU, leaving residents and officials uncertain about what will replace the theater.
- The 15-screen multiplex opened in 1999, was operated by AMC since 2006, and its loss has prompted local outcry and led elected officials to explore options to try to keep the venue open while reducing Manhattan’s already shrinking cinema footprint.