Instagram, is expected to close the deal on the property, which he will co-own with his wife, Jennifer Schwalbach Smith andother business partners, on Sept.
14.His plans on renovating the 250-seat interior of the theater, already renamed SModcastle Cinemas, involve erecting a mural in the lobby featuring characters from his movies that were set in New Jersey.They include “Clerks,” — which was shot in convenience and video stores where he worked in real life for $27,575 and earned a staggering $3 million at the box office — “Mallrats,” “Chasing Amy” and “Dogma.”He also pledged to host lives shows, create a “Merry Marvel Movie Society” for fans of Marvel Studios releases and open a film school on the premises.
Smith also plans to live in the apartment above the theater, a twist on his childhood dream of living in a movie theater, he said in his post.“This certainly isn’t about an investment deal,” Smith told NJ Advance Media. “This is about owning a little piece of my personal movie history, a building that helped forge the filmmaker that I would become.”.
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