Durst Sues Landmark Theatres for $49M in Damages, Unpaid Rent at UWS Cinema

Library of Congress | The Landmark, designed by Thomas W. Lamb, opened in 1928. | https://picryl.com/media/auditorium-details-at-the-landmark-theatre-in-syracuse-new-york-4384a4 | No known restrictions on publication. | https://www.loc.gov/

Landmark signed a twenty-year lease for the space of their theater in 2016 with the Durst Organization. However, landmark wanted to renegotiate these terms after Cohen media group acquired the Landmark company in 2018. The two companies could not meet agreeable terms and their relationship soured. Landmark removed ticket kiosks, light fixtures, and 700 seats from the theater when leaving the space. Durst has estimated that the damages will require 1.6 million to repair.

 

Durst is also asking for the 46 million dollars in rent his company would have accumulated from this contract along with an additional one million dollars in arrears accumulated from the beginning of 2020 (When Landmark allegedly stopped paying full rent) through September when Durst had the lease terminated. Landmark closed their theater in august of 2020, three years after it had opened.