OH, I found something!!! This was one of my favorites place to watch horror movies in Old Times Square! The Lyric Theater. It was awesomely gritty. Your shoes always stuck to the floor from all the spilled soda, but you could watch movies all day and all night for a $3 entry fee. You couldn't go sans friends if you were a female, or dare fall asleep even if you were not alone, but still it was a fun place to hang out. This was where I first saw a Freddy Kruger flick and developed a sincere appreciation for the thespian talents of horror veteran Robert Englund, grin. I think we saw the first Hannibal flick here too as I recall...
I'm not positive because there were actually 3 or 4 horror oriented movie houses in that area but I think this was the one with the old vaudeville balconies, fancy woodwork and the remnants of crystal chandeliers.
Take a look. THIS is what Times Square looked like before they turned it into Disneyland NYC. They did save some of the old vaudeville theaters apparently, but the ones they later used for porn, most of them were torn down, and only parts of the facades remain. It's a shame...
Lyric Theatre in New York, NY - Cinema Treasures
Pic I just found of the Lyric showing a slasher flick.This is how I remember it.
I can't find anything good of the inside before it was demolished, darn...