Wellington City Council to resume negotiations with Reading Cinema

From Morning Report, 8:20 am on 1 March 2024

Wellington City Council is set to resume negotiations with Reading Cinema after a failed bid by councillors to stymie a $32 million property deal.

The council wants to buy the land the closed complex is on and lease it back to the international company which owns it.

Not all the councillors are happy about this. Then again, not many Wellingtonians are happy with the state of Courtenay Place, either, with the Reading shopping complex looking particularly run-down.

Lambton ward councillor Nicola Young spoke to Ingrid Hipkiss.