Landlord Hopes to Keep Theater on Cedar Lane

Potential movie theater operators have balked at the cost of upgrading Cedar Lane Cinemas to digital format.

The landlord of the recently closed Cedar Lane Cinemas is committed to finding another tenant to run the historic theater, a consultant for the group said Sunday. Still, potential theater operators approached so far have been unwilling to cover the approximately $300,000 to $500,000 cost of upgrading the decades-old cinema’s four screens to a soon-required digital projection system, said Dennis Gralla, a real estate consultant for landlord Cedar Lane Teaneck Corp. “Our goal is really to keep a theater there,” Gralla told Patch. “We think it’s important in Teaneck to have that theater.” The landlord would also be willing to invest in other upgrades at the movie house if a suitable long-term tenant was secured, Gralla said. Other …

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