Nicola Young: Wgtn Councillor on the end of Reading Cinemas negotiations - Heather du Plessis-Allan Drive

The controversial Reading Cinemas deal is off.

Wellington City Council announced this afternoon that it's ended negotiations because they couldn't get the best possible outcome for Wellingtonians.

Under the proposed deal, Wellington Council was set to buy the Reading Cinemas land for $32 million, then sell it back to Reading after a decade as a way to finance a future refurbishment.

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