New Bedford, MA
The Zeiterion was the last new theatre built in a downtown area that once contained 17 theatres. The theatre was originally built for vaudeville but closed soon after after opening and reopened for movies as the State Theatre. The theatre was "modernized" in 1971 but soon closed as the downtown area ceased to be a desirable entertainment destination. The Penler Brothers of Paragon Travel donated the theatre to the Waterfront Historic Area League and the restored theatre reopened as the Zeiterion on September 25, 1982.
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. (Warren Buffett)