- Associated Press - Thursday, May 1, 2014

JERSEY CITY, N.J. (AP) - Officials in Jersey City say several groups are vying for a chance to run a historic theater in the city’s Journal Square neighborhood.

Mayor Steven Fulop says four bids have been received for the restoration and management of the Loew’s Jersey Theatre.

The submissions include a combined bid from AEG Live, Mana Fine Arts and New Jersey City University, a bid from Ace Theatrical group with New Jersey Performing Arts Center and NJCU, a bid from Catch Holdings LLC and one from Live Nation/Jones Lang LaSalle.

The ornate 3,021-seat theater first opened in 1929 and is on the National Historic Register. It was slated to be demolished by a developer in 1986 but it was saved by the Friends of the Loew’s in Jersey City community group.

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