Sept. 2, 2012 By Bill Parry
A real estate blockbuster might be in the works that could change the north side of Queens Blvd—and put two neighborhood landmarks in jeopardy.
This week Massey Knakal Real Services of Forest Hills posted an ad that lists the commercial property at the corner of Queens Blvd. and 43rd Street for sale. The property is currently leased by Dime Savings Bank, New Center Cinema, P.J. Horgan’s Tavern, and a local dentist.
The property is being marketed as having development potential, which could mean the end of an era for two long-standing businesses: The New Center Cinema and P.J Horgan’s Tavern.
Mitchell Levine, a sales director at Massey Knakal, said New Center Cinema and Horgan’s don’t have renewal options with their lease. While the listing says that Dime will vacate the property upon sale, Levine said that fact has not been finalized.
Levine did not say how much the property is on the market for.
The owner of the movie theater would not comment on the listing, although he has spent a large sum upgrading the theater to a digital system. The owners at Horgan’s weren’t available for comment.
Horgan’s is an Irish/American bar that’s been operating at this location for nearly forty years.
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