The Sag Harbor Cinema will be saved after an announcement made by the nonprofit, the Sag Harbor Partnership, that there’s been a grant that allows the original fundraising goal to be reached, reports the New York Times. The news came a year after the fire that destroyed the cinema back in December of 2016.
Originally, the nonprofit needed $8 million to purchase the cinema from current owner, Gerald Mallow, and turn it into a community center for the cinema arts. A $1.4 million Empire State Economic Development grant has been given to the Sag Harbor Partnership, allowing the cinema to be saved. The grant was awarded just weeks before the December 31 deadline, capping off the $6.6 million raised and bringing it to the needed $8 million.
- Sag Harbor’s Historic Cinema Saved [New York Times]
- Sag Harbor cinema to be restored and made into local arts center [Curbed Hamptons]