Saturday, January 20, 2018
Business

Theater is latest to close at Channelside Bay Plaza

TAMPA — After a private screening of the comedy Seven Psychopaths, and with a clear disdain for its landlord, the Channelside Cinemas closed for good Tuesday night.

The theater, which already was in bankruptcy court, becomes the latest business casualty in the struggling Channelside Bay Plaza entertainment and retail complex. Just about two weeks ago, Stump's Supper Club and the Howl at the Moon piano bar closed — likewise citing frustrations with a temporary landlord.

In notes posted on bright paper on its entrances, the cinema told customers that it had closed effective 11 p.m. Tuesday.

The notices said that because of "incompetent and gross mismanagement" of the complex, the theater was not able to stay open "under such deplorable and unsafe conditions."

The 14-year-old complex fell into receivership in 2010 after the former owner, New York's Ashkenazy Acquisition Corp., defaulted on a $27 million loan. The Vinik Group, headed by Tampa Bay Lightning owner Jeff Vinik, has been in negotiations to purchase the complex, but a deal has yet to be announced.

Acrimony between the cinema and the receiver played out in federal bankruptcy court last month when the landlord tried to keep the theater from hosting events affiliated with the Republican National Convention, held just down the street.

The theater had filed for Chapter 11 bankruptcy protection in 2011. Its landlord asserted that the RNC events violated the cinema's lease, but the bankruptcy judge declined to side with it and said the events could go on. But at the time, none of the big political names mentioned in court papers as being interested — including Sarah Palin and Laura Bush — had signed contracts.

The theater closed Tuesday after screening a movie for a private group. The crime comedy shown, Seven Psychopaths, features Colin Farrell, Christopher Walken and Woody Harrelson.

Comments
Inspector General launches investigation into Tampa Bay’s local career centers

Inspector General launches investigation into Tampa Bay’s local career centers

The state has opened an investigation into CareerSource Pinellas and CareerSource Tampa Bay, days after the Tampa Bay Times asked about whether the two regional job centers were inflating the number of people they had helped get hired. The agencies, ...
Updated: 4 hours ago
Tech firm TranferWise moves to Ybor City, illustrating a new chapter in Tampa’s business history

Tech firm TranferWise moves to Ybor City, illustrating a new chapter in Tampa’s business history

TAMPA — You could sketch an economic history of the city of Tampa — and maybe get a glimpse of its future — just by looking at the old J. Seidenberg & Co./Havana-American Cigar Factory.It opened in 1894, making it Ybor City’s second-oldest brick ciga...
Updated: 6 hours ago

Want to buy into an exchanged-traded bitcoin fund? You might have a long wait

NEW YORK — It may be a while, if ever, before investors can buy an exchange-traded fund made up of bitcoin and other digital currencies. Federal regulators have a long list of questions they want answered before they’ll approve a digital currency fun...
Updated: 7 hours ago
Child psychologist weighs in on mom who charges 5-year-old ‘rent’

Child psychologist weighs in on mom who charges 5-year-old ‘rent’

A Georgia mother has gone viral for charging her 5-year-old "rent." Yup — the kid pays up for food, water, cable and electric, too.Essense Evans described in a Facebook post how she handles her daughter’s allowance. The post, written on Saturday, was...
Updated: 7 hours ago

Addicted to your smartphone? Now there’s an app for that

Did you text? Sorry, I can’t see messages right now. Arianna Huffington locked my phone.The media tycoon turned wellness entrepreneur wants to keep you out of your phone, too, with a new app called Thrive. Its goal is to make it cool for a generation...
Updated: 8 hours ago
Proposed monument near St. Pete pier would honor Tony Jannus history-making flight

Proposed monument near St. Pete pier would honor Tony Jannus history-making flight

ST. PETERSBURG — Tony Jannus’s history-making flight in an early seaplane — simultaneously as ungainly and graceful as a pelican on the wing — is what Mayor Rick Kriseman calls an "under-told and under-appreciated" story, but a team of local history ...
Updated: 8 hours ago
Learn how bus rapid transit (and rail) could work in Tampa Bay

Learn how bus rapid transit (and rail) could work in Tampa Bay

ST. PETERSBURG — The newest hope for transportation in the Tampa Bay area is a bus rapid transit system projected to cover the 41-miles separating St. Petersburg from Wesley Chapel and attract 4,500 new riders at a fraction of the cost of light rail....
Updated: 9 hours ago
Five things Tampa Bay needs to know about bus rapid transit

Five things Tampa Bay needs to know about bus rapid transit

ST. PETERSBURG — Transportation planners on Friday unveiled a new transit vision for Tampa Bay leaders on Friday morning: Bus rapid transit.Also known as BRT, it has arisen as the leading option in an ongoing study to find the best regional transit p...
Published: 01/19/18
Amazon boosts monthly Prime membership fees by 20 percent

Amazon boosts monthly Prime membership fees by 20 percent

NEW YORK — Amazon is raising the price of its Prime membership monthly plan by nearly 20 percent. The fee of $99 for an annual membership will not change, the company said Friday. The online retailer had added the monthly payment option about two yea...
Published: 01/19/18
Cuba’s tourism is booming despite Trump’s tougher policy

Cuba’s tourism is booming despite Trump’s tougher policy

HAVANA — On a sweltering early summer afternoon in Miami’s Little Havana, President Donald Trump told a cheering Cuban-American crowd that he was rolling back some of Barack Obama’s opening to Cuba in order to starve the island’s military-run economy...
Published: 01/19/18