Authorities "confirmed the building is under contract," Chicago’s NBC 5
reported later Wednesday. "A source familiar with the deal who wished
to remain anonymous because of the pending sale, however, said the
Beyoncé and Jay Z rumor is inaccurate."
"The New Regal is a landmark property and has hosted so many concerts and plays," Chicago-based event promoter and publicist Waddie Grant
told EBONY.com. "The theater would make a good investment for Jay Z,
Beyoncé or anyone. I’m surprised the sale hasn’t happened sooner."
The theater will turn 86-years-old next week and originally opened as the “Avalon Theater” on August 29, 1927. The New Regal Theater has been certified as a "Chicago Landmark" and is
famous for being one of the nation’s foremost examples of “Moorish
Revival” movie palaces.
... The iconic South Side stage was graced by the biggest names in jazz,
blues, R&B and pop from the 1930s to the 2000s—including Josephine
Baker, Nat “King” Cole, Cab Calloway, Ella Fitzgerald, Lena Horne, Isaac
Hayes, The Supremes, Stevie Wonder, Minnie Ripperton and many others.
Take a virtual walk into the history of one of Chicago's landmarks HERE.
Gangsta modernism: Actor and rap icon Ice Cube tours the Eames House, the landmark of mid-20th century modern architecture designed by husband and wife design pioneers Charles and Ray Eames. The sleek and functional home is built into the side of a bluff in the Pacfic Palisades.
Says former architecture student Ice Cube: "In a world of destruction where McMansion are taking up every available square inch, the Eames made structure and nature one. This is going green 1949 style beoytch!"