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now i don’t know this as a fact, but from being an employee there for its last few years i think that the will rogers' demise may have come from the fact that there was damage to the structure (the rumor was that it happened years before when they were showing a movie in sensurround, the movie version of the original battlestar galactica, I believe). i had been there personally a few times when the building inspector had come and talked about it but it was always able to squeak by. my guess is that eventually the building didn’t pass the inspection.
they definitely went CO before they closed. i was an usher there at that time and when plitt went to CO our uniforms went from red sports jackets with black ties to this weird red sgt. peppers-leisure-suit-thingy with a black ascot. really quite embarrassing.