New York cinema

AMC Kips Bay 15: Closure Is Scheduled for January 3

The 2027 date remains the current plan, while proposals to stay, the property sale and possible rezoning remain unresolved.

The short answer is: AMC Kips Bay 15 is scheduled to close on January 3, 2027, but that does not mean every decision concerning the theater and property is irreversible. AMC says it wants to remain at the site; NYU Langone’s purchase of the building was still under contract in the latest available institutional statement; and any future attempt to rezone the property would create a separate avenue for debate. Unless a deal emerges, however, moviegoers should treat January 3 as the operative date.

AMC Kips Bay 15 facade with AMC and IMAX signs, seen behind a bike docking station
The AMC Kips Bay 15 entrance on Second Avenue in Manhattan.

What is confirmed about January 3

The latest specific information comes from an amNewYork report published on October 26, 2026. It says the theater is scheduled to close on January 3, 2027, and connects the departure to the landlord’s termination of the lease ahead of NYU Langone Health’s expected purchase of the building.

That makes the date a concrete reference, not mere speculation. At the same time, “scheduled” is the crucial word: the available sources do not identify a confirmed final screening, a reversed lease termination or an agreement capable of keeping the complex open after that day.

Anyone planning a visit before the expected closure should check the official AMC Kips Bay 15 page immediately before booking. Showtimes and availability are operational conditions subject to change and cannot be inferred solely from the announced date.

Interior of AMC Kips Bay with a checkered floor, queue area and escalators
The interior of AMC Kips Bay photographed before the scheduled closure.

Why remaining in Kips Bay is still being discussed

AMC Theatres CEO Adam Aron said in an open letter that the chain does not want to leave Kips Bay. According to amNewYork, he proposed alternatives such as expanding the existing building to accommodate the health system’s plans or reducing the theater’s size so part of the operation could remain.

Those ideas show that AMC is seeking negotiations, but they are not an agreement. The report also says amNewYork contacted NYU Langone about the proposals and was awaiting a response. There is therefore no basis to say that a smaller theater has been approved, a new lease has been signed or the January date has already changed.

That distinction helps clarify the headlines: AMC has publicly expressed its intention to stay, while the known schedule still points to closure.

AMC Kips Bay 15 building on Second Avenue, with a gray facade, red-framed windows and sidewalk trees
A wide view of the building housing AMC Kips Bay 15 in Manhattan.

The property purchase and theater lease are separate processes

A statement compiled by NYU Langone adds another layer. In September, the institution said the purchase remained under contract and was not expected to close until early 2027. It also said AMC and the landlord had entered into a lease years before the institution was approached about the property, giving either party the right to terminate it at any time.

The end of the theater lease and completion of the building sale are therefore not the same event. A delay or change in the real-estate transaction would not automatically extend AMC’s operation either. Removing the closure from the calendar would require a relevant new understanding—something the reviewed sources do not yet document.

AMC Kips Bay 15 entrance with IMAX and AMC signs, red doors and pedestrians on the sidewalk
The theater facade at 570 Second Avenue, the address cited in public records concerning the closure.

Rezoning does not guarantee an immediate solution

Manhattan Borough President Brad Hoylman-Sigal said he would condition his support for any prospective rezoning application on the inclusion of a movie theater and grocery store. The Borough President’s official statement also notes, however, that the building could be repurposed for outpatient medical offices without public land-use review; a broader proposal could seek rezoning.

That detail limits the reach of political pressure. The borough president’s position may matter if a land-use application is filed, but it is not an order keeping the current AMC open and does not ensure that such an application will be submitted. It also does not resolve the lease itself.

Community Board 6 had already held a public hearing specifically about the closure on September 9. The official City Record notice confirms the subject, the address—570 Second Avenue, New York, NY 10016—and the public nature of the meeting, but it records no decision canceling the closure.

What could change before the date

The published information suggests three possible paths: a new agreement allowing AMC to continue; a smaller theater within another project; or, over a longer period, inclusion of a cinema in a proposal subject to rezoning. None appears as a completed commitment.

Completion of the purchase and the property’s future use also remain open. Those uncertainties should not be mistaken for an automatic extension of current operations. Without a contractual announcement from AMC, the owner or NYU Langone, January 3, 2027 remains the best available reference.

How to follow the situation without confusing plans and outcomes

Before buying a ticket, check AMC’s official page directly for showtimes on the intended date. For structural changes, look for statements from the institutions involved and public city records. A political proposal, a community hearing and a business negotiation carry different weight: none alone proves that the theater has been saved.

As of October 28, 2026, the limits of the situation are clear: a closure is scheduled and there is a public effort to find an alternative, but no announced solution has replaced the January 3 date.

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