An often-stated priority for the Alamo Drafthouse has been to open a venue in New York City. While that still stands true, the reality of the upper west side Metro is that too much has changed since we initially began work on the location. Construction costs have risen tremendously since engaging in the project back in early 2012 (due in some measure to ongoing Hurricane Sandy reconstruction efforts) and ultimately the location is no longer financially viable for us. We would love to make the upper west side location our next neighborhood theater in New York, but we cannot see this particular location as sustainable under current conditions.
We're proud to have opened New York's first Alamo in Yonkers last month. We're also excited to see construction of the development in downtown Brooklyn well under way. The New York City area expansion remains a priority for us in addition to the theaters currently under construction in San Francisco, Kalamazoo, MI and New Braunfels, TX.