Capitol Theatre in Port Chester sold to Peter Shapiro for $11.5M

Monday January 7, 2013 12:15 PM By Chris Serico

Photo credit: Faye Murman | Fans enter the newly renovated Capitol Theatre in Port Chester to see Bob Dylan. (Sept. 4, 2012)

Peter Shapiro, who has supervised renovations and subsequent concerts at The Capitol Theatre in Port Chester, has purchased the building he'd been leasing from Marvin Ravikoff for $11.5 million.

Anthony D'Amato, a spokesman for The Cap, confirmed Monday that the transaction was finalized Dec. 28.

Before the venue reopened with a sold-out Sept. 4 Bob Dylan concert for 1,800 fans, Shapiro invested millions into refurbishing the concert venue that first opened in 1926 — including major upgrades to lighting and sound, and fresh coats of burgundy, black and gold paint.

Although the venue's heyday featured performances by the Rolling Stones, Janis Joplin, Pink Floyd and the Grateful Dead, The Cap had fallen into disrepair and relative obscurity in the '90s and '00s, when it was better known for its catering than its concerts. Since concerts returned, The Cap has returned to relevance, with acts ranging from the Roots to Trey Anastasio.

Upcoming shows at The Cap include performances by Guster (Jan. 18), longtime Rockland County resident Trey Anastasio and his band (Jan. 23-24), and the venue's first comedy performances since its reopening: George Lopez (Feb. 22) and Jim Gaffigan (March 1).

How many shows have you seen at The Capitol Theatre in Port Chester? Pick your answer in Newsday Westchester's poll. What's the best show you've seen at The Cap? Tell us in the comments section below.

Tags: Port Chester , Capitol Theatre , Westchester , music