HUDSON – The Galvan Initiatives Foundation has officially taken possession of the property at 614-620 Columbia Street, also known as the Old Community Theater Building.
According to county documents, Galvan purchased the property from the Marina Abramovic Institute for the Preservation of the Performing Arts for $ 800,000 and signed the deed on August 31. The foundation announced its intention to purchase the property in November 2020 and said in a statement at the time the transaction was due to be finalized by January 2021.
The large brick building, engraved with “Community Tennis” atop its distinctive pillars, was listed on the Zillow real estate site in November 2020 for $ 990,000.
The Foundation was buying the property from artist Abramovic, Galvan spokesperson Dan Kent confirmed in November 2020. Abramovic had planned to turn the old theater into a performance art space, but the project did not never succeeded.
Abramovic canceled his plan for the building in October 2018.
Abramovic told art curator and critic Hans Ulrich Obrist at a symposium hosted by the Swiss museum Fondation Beyeler and UBS Art at the Serpentine Galleries in London that the project was prohibitively expensive at a price tag of $ 31 million. .
She had raised $ 661,452 from 4,765 backers as part of a Kickstarter campaign for the arts space.
In recent weeks, a dumpster for what appears to be construction and warning tape has indicated activity in the building.
The 16,665-square-foot building, built in the mid-1920s, began as the Hudson’s Community Theater, according to Halstead Real Estate’s Zillow Listing. In January 2020, the property was listed by Halstead for $ 1.4 million, according to Brownstoner Realty in New York City.
Over the years, the building housed a movie theater that showed movies ranging from Hollywood hits to horror and sci-fi thrillers B, a nightclub called Arthur’s Court and, later, indoor tennis courts and a market. antiques and a warehouse.
The acquisition of the building is part of the Galvan’s Depot District initiative, a mixed-use commercial and residential development.
The initiative aims to create commercial and residential spaces that form a new neighborhood in Hudson, Kent said.
The building is expected to serve as a gateway for people coming from Warren Street into the future Depot District, Kent said.
“It’s the perfect kind of welcome to this exciting new neighborhood as people walk up Warren Street,” he said.
The neighborhood also includes the recently approved residential units on North Seventh and State Streets, which will create mixed-use buildings and include affordable housing units.
At the time of the announced acquisition, Galvan was unsure how the space would be used, Kent said.
“We haven’t identified a specific use yet,” Kent said. “We would definitely be interested to hear from potential partners, people with ideas on how they could use the space.”
When Galvan purchased the Hudson Armory building, where the public library is currently located, they were unsure of how it would be used, but after conversations with potential partners, they realized that a library could meet a community need. Kent said.
“We are open to making exciting ideas possible,” he said. “So part of the ‘how’ is talking to people in the community who want to improve the quality of life in Hudson. “