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Opened in the 1920’s as the Variety Theatre, this theatre was upgraded to sound in 1931. It was originally owned by A.L. Parker and James Corbett of Syracuse, sold to B.B. Gutstadt in 1931. The bank took possession in 1933, leasing the theatre to Leavenworth Steele, when it was renamed Steele’s Paramount Theatre. It was then purchased by Samuel P.Slotnick and Ruben C.Canter, owners of the S&C Chain.
A fire gutted the interior of the Palace Theatre on February 16, 1939. The building re-opened 4 months later, designed by architect Michael J. DeAngelis who was the designer of the Ripley’s Building at the 1939 NY Worlds Fair.
The Palace Theatre remained open until 1964, when it was closed for good.
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