The Palace Theatre, the grand cultural and entertainment facility that sits in the heart of downtown Albany, will soldier on. A new management team promises to keep the venue’s momentum, and traditions alive.
The RKO Palace's doors first opened in October 1931. Built during the Depression, it was the largest theatre in a city already noted for having several opulent movie houses. A nickel would buy an afternoon of entertainment.
The Palace was sold to the Fabian chain in the early 1940s. Fabian operated it until closure in September, 1969.