Fox Theater acquired by Crobar club operator
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The historic Fox Theater on Hollywood Boulevard, empty for about three decades, has been purchased by the operator of the Crobar nightclub chain for more than $1 million.
Crobar, based in Chicago, plans to spend $5 million restoring and improving the building erected in 1917 before opening in October, said real estate broker Ruby Simpson of Sperry Van Ness. She represented Crobar and the sellers, a family that had owned the property since the 1920s.
Roger Vincent