iPic Theater in Fort Lee to Close After Nearly a Decade

The luxury dine-in movie theater chain files for bankruptcy, citing industry shifts and rising costs.

Published on Mar. 5, 2026

After nearly a decade of operation, the iPic Theater located within Fort Lee's Hudson Lights complex will be closing its doors. The high-end dine-in movie theater chain has filed for Chapter 11 bankruptcy protection, citing factors such as the COVID-19 pandemic's impact on the theater industry, the rise of in-home movie options, and increasing rents and labor costs.

Why it matters

The closure of the iPic Theater marks the end of an era for Fort Lee's Hudson Lights development, which had the luxury theater as a key anchor tenant. It also reflects the broader challenges facing the movie theater industry, which has been significantly disrupted by the pandemic and changing consumer habits.

The details

iPic Theaters LLC, which operates 13 dine-in theater locations and eight restaurant units nationwide, filed for bankruptcy protection in late February. The company's only New Jersey location, the 8-screen, 533-seat iPic Theater in Fort Lee, will be closing at the end of May, resulting in the layoff of 97 employees. iPic cited factors such as reduced box office revenues, rising rents, and labor costs as reasons for the bankruptcy filing and subsequent closure.

  • iPic Theaters LLC filed for Chapter 11 bankruptcy protection in late February 2026.
  • A WARN notice was filed stating that 97 employees at the iPic Theater in Fort Lee will be laid off effective May 28, 2026.
  • The iPic Theater in Fort Lee will close at the end of May 2026 after nearly a decade of operation.

The players

iPic Theaters LLC

A luxury dine-in movie theater chain that operates 13 locations and eight restaurant units nationwide, with the Fort Lee, New Jersey location as their only Garden State location.

Hudson Lights

A large modern development in Fort Lee, New Jersey that housed the iPic Theater as a key anchor tenant.

Patrick Quinn

The Chief Executive Officer of iPic Theaters LLC.

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What they’re saying

“We are committed to continuing our business operations with minimal impact throughout the process and will endeavor to serve our customers with the high standard of care they have come to expect from us.”

— Patrick Quinn, Chief Executive Officer (jerseydigs.com)

What’s next

The iPic Theater in Fort Lee will remain open until the end of May 2026, when it will officially close its doors.

The takeaway

The closure of the iPic Theater in Fort Lee's Hudson Lights development highlights the challenges facing the movie theater industry, which has been significantly disrupted by the COVID-19 pandemic and the rise of in-home entertainment options. This marks the end of an era for the luxury dine-in theater concept in the area.