"CHEATED" ON CINEMA HOUSE?

A1+
12:40 pm | July 31, 2009 | Economy

Ministers are the owners of the houses of the "Cinema House" built
on the basis of the frontal of the Movie House on the Vardanants and
Khanjyan street intersection.

"The owners of these apartments are the elite of Armenia, including
parliamentarians and ministers. Of course, they have apartments in
other elite buildings as well, but it is all about capital. They
are mainly going to live here," said manager of the "Bishin" LTD
responsible for the construction at "Cinema House" to "A1+". He didn’t
wish to mention the names of the ministers, saying that the neighbors’
names will be known after they buy the apartment. According to him,
the apartment buildings are not populated, but the apartments on the
16th floor were purchased a year ago. The only residence left is the
262 square meter penthouse that costs 700,000 dollars.

There are no apartments sold in the 23-story building. Prices for 1
square meter of an apartment at the Elite Cinema House start from1, 400
dollars and the smallest apartment is 46 square meters. The apartments
are not furnished. The service is paid separately and is done mainly by
"Bishin". The elite complex was built on the basis of the Movie House.

Filmmakers were thrilled about the project before construction of
the buildings began. President of the Union of Cinematographers
Ruben Gevorgyants assured "A1+" once again that they only won from
the construction.

"We received an additional 1,200 square meter territory,
and the auditorium and the Miami Theater were renovated," said
Gevorgyants. According to him, the company building the elite buildings
will be involved in renovating the movie house and the building will
have a separate entrance with special windows. It turns out, however,
that "Bishin" is not planning to renovate the Movie House. The
additional territory is located on the first three floors of the
23-story elite building, while "Bishin" is not even thinking about
the section in the middle of the two high-story buildings.

Let us mention that there will be no filmmakers living in the elite
buildings. Ruben Gevorgyants who did not exclude that possibility,
considered it ridiculous and said that the apartments are so expensive
that it is even impossible to purchase an apartment with discounts.