Whither the Revue?
It has been a while since we have heard—or seen—any official updates concerning the fate of the Revue Theatre. Neither the owners of the building, who wish to divest themselves of the property, nor the Revue Film Society (RFS), the community group who has been pursuing the rental or purchase of the Revue in order to maintain it as a working neighbourhood cinema, have felt the need to the let the general public know what is going on.
Unofficial word is that the theatre had been conditionally sold to a private party, who in turn, had begun new negotiations with the RFS. Just recently, however, it is believed those conditions have not been met and that the Revue has reverted back to the original owners, the McQuillans. Where this leaves the future of the theatre is, once again, unknown although gossip about an LCBO Liquor Store will not go away.
NorthRonces.com is sure that million dollar real estate transactions that involve heritage buildings, private owners with at least a small sense of community obligation, and a neophyte nonprofit organization driven only by a love of local cinema, are difficult to resolve simply and, obviously, quickly. NorthRonces.com is also aware that none of the parties involved has any responsibility to inform the public of why a treasured landmark has sat sadly quiet going on five months. However, an empty Revue Theatre offers little to the street and business life of this end of Roncesvalles Avenue, so it would be nice to have some communication, from someone, about what the future may hold.


It has been a real rollercoaster for the Revue Film Society, and the Revue itself, over the past few months. Our bid to lease the Revue (made all the way back in August) was rejected, and the conditional sale you mentioned fell through in late November. Now the Revue is back on the market, and a number of us are actively looking for people who are interested in purchasing the Revue to save it as a cinema.
There will be updates posted at http://www.revuefilmsociety.com very soon.
Thanks,
Keith
Comment by Keith Denning — December 11, 2006 @ 11:02 pm