Saturday, September 24, 2016
Ciafone looking to flip Sunnyside Theatre
From Sunnyside Post:
...the site that once housed PJ Horgan’s, Dime Bank, a neighborhood dentist and Center Cinemas on 43rd Street and Queens Boulevard is back on the market.
John Ciafone, who bought the property from Dime Bank for $6.65 million in December 2012 has put it on the market for $19 million.
Ciafone originally said he would develop the site and construct a 5-7 story building with about 60-70 apartments and ground floor retail.
At the time he notified the owner of Center Cinemas and the dentist that he would not renew their lease. He also told PJ Horgan’s he wanted them to leave too.