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Although the price came down from $2.8 million in 1999, it is significantly more than the nothing it would have cost by seizure under eminent domain. Yet those appeals to the Supreme Court would have taken a very long time, and the outcome might have been disappointing.
CORRECTION: Both a recent PG editorial, and Mayoral Chief of Staff Yarone Zober, have pointed out that even upon a seizure by eminent domain, the city would still have to compensate the owners of the Garden Theater in some way. The Comet regrets this error. (2/21)
No word yet on whether the building will be utilized as a theater in some form. And no word yet on what to do about the convenience store just up the street that currently serves as gangland central.
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