Astor Plaza to Close Soon?
“Times Square will be losing another theatre later this year, when Loew’s Astor Plaza Theatre closes. Plans call for the theater to be turned into MTV studio space.
The information came from the company that has a contract for servicing of projection equipment for the Loew’s company in the city. And most of the tenants on the ground floor at the 1515 Viacom building closed and moved out as of last week. Also the Loew’s State Theatre (4plex) in the Virgin Megastore is going to be dropped too.
My office is just down the street and in the last week a lot of things have changed in that building. Because Viacom has MTV and Comedy Central, they want some more high profile studio space in Times Square."