Sunday may have been the last showing for Bow Tie Cinemas Bellevue Theatre, but the show could still go on for The Bellevue if a new movie theater operator steps in to take over the almost 100-year-old venue.
Angelo Cifelli, attorney for Bellevue owner Jesse Sayegh, says several private operators, both in New Jersey and New York, have expressed interest. Some of these operators, says Cifelli, are also reaching out to Bow Tie to determine whether a deal can be made to leave the theater’s equipment, seating and other contents intact.
Cifelli says his client is willing to grant a lease extension, giving Bow Tie another two weeks or more, in order to help facilitate those negotiations between a new operator and Bow Tie to purchase the equipment.
“We are pleasantly surprised at all the interest [the closing] has generated,” says Cifelli. “We’re exploring all avenues, but my client’s goal is to keep the building operating as a theater.”
Cifelli also reiterated that his client made an offer to keep the equipment in the building but that the offer was rejected. When asked if Bow Tie made a counter offer, Cifelli said they came back with a figure that was more than it would cost to put in new equipment.
Cifelli says his client will be meeting with interested parties next week, adding that a lot of niche operators are especially interested because it is a neighborhood theater. Cifelli also confirmed he had heard from a representative from Montclair Film regarding the future of the building.