Developers Get $66.7M to Replace LES Sunshine Theater with Office Building

News April 02, 2019 at 05:04 PM
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NEW YORK CITY—The Sunshine Theater on the Lower East Side had shuttered its doors in January 2019 making way for its demolition. The three-story building originally constructed over 100 years ago was sold in May 2017 by Steve Goldman to East End Capital and K Property Group (KPG) for $31.5 million, according to Real Capital Analytics. The new owners plan to develop offices and retail space at the location. The address has been changed from 139-143 E. Houston St. to 141 E. Houston St.