"Leadership at IPIC Entertainment — the luxury dine-in movie theater chain with a location at South Street Seaport — has filed for Chapter 11 bankruptcy, with hopes of selling the company. The company is known for offering the highest end experience among dine-in movie theater restaurants; for premium seats, moviegoers get blankets and private pods. Financial issues are due to increased competition in the space, according to the CEO and founder. Despite the problems, all locations of the theater will continue to operate." - Stefanie Tuder