The Battle to Save Surflight is Lost

image

BEACH HAVEN, NJ (Asbury Park Press) — The curtain appears to have fallen permanently on Surflight Theatre. An auction has been set for 1 p.m. on August 6 at the landmark theater, an event which will be open only to those who bring with them a certified check in the amount of $100,000 as a demonstration of serious intent. The property is to be sold free and clear of any tax liens or other legal entanglements, said Oren Klein, managing partner of AuctionAdvisors of Montclair, one of two auction houses retained to manage the liquidation of the 65-year-old institution. The other firm is AJ Willner Auctions of Springfield.

Klein said the property could continue to serve as a performing arts venue of some kind or be demolished entirely to be developed for its residential or commercial real estate potential.

See the entire article here 

AuctionAdvisors, based in the New York metropolitan area, is a full-service auction company.  With strategically located offices around the country, AuctionAdvisors services clients in the disposition of assets.  Please contact AuctionAdvisors at 800.862.4348 or visit www.auctionadvisors.com for more information and a complete list of auctions.