The city plans to build a municipal park on the 3 acre plot and the Cinema Art marquee will be incorporated into the park entrance. The city plans to use the park for special events including, The Crack Whore regatta and the Level Three Sex Offender Jamboree.
The park will be situated along the Hudson River, at 25 President Street. Just one more piece of real estate off the tax rolls. The lesson? Be a sloppy land owner and a thorn in the side of the city and you'll get paid off.
One can only hope that Cox will fail to clean the site up so at least we'll take it for free.