The debt holder of iconic Theatre 80 on St. Marks Place evicted the longtime owners, Lorcan Otway and his wife Genie Gilmore and on May 9 agreed to sell the premises to a new owner. Now a petition on Change.org is urging Mayor Eric Adams to use eminent domain to seize the property. It has gnarred over 8,000 signatures. Photo: Change.org 8,000 Signature Petition Urges Mayor Adams to Use Eminent Domain to Save Theatre 80 LIK Holdings emerged as the wining bidder for the building that houses Theatre 80 at a bankruptcy court auction on May 9th,... News 18 May 2023 | 11:04
Lorcan Otway and his wife Genie Gilmore in one of their last days behind the counter at the William Barnacle Tavern inside Theatre 80. After running the establishments for decades and living in an apartment upstairs, they were evicted last month by a developer intent on auctioning off the #78 and #80 St. Mark’s Place to satisfy the loan it picked up when the theater filed for bankruptcy. Photo: Keith J. Kelly Curtain Ringing Down on Beloved Theatre 80 as Bankruptcy Auction Begins The final curtain rang down on Theatre 80 last month and the second generation owner Lorcan Otway and his wife were evicted... News 10 May 2023 | 09:03
Theatre 80 has been an iconic performance space on St. Mark’s Place in the East Village for nearly 60 years, but it is now being shut down by a real estate developer and unless it can raise $12 million to pay off a loan in default, it could be sold at a bankruptcy auction. Before his eviction, owner Lorcan Otway stands outside the front doors of the theater that his father Howard bought in 1964. Photo: Keith J. Kelly Theatre 80 Hopes for a Miracle to Save It from Bankruptcy Auction now set for May 9th All that Lorcan Otway, the owner of the embattled Theatre 80 wants, is a little more time. The off beat East Village theater–where... News 18 Apr 2023 | 02:19