Costume World and Wick family purchases Wick Theatre building

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By: Marisa Gottesman Associate Editor
The family and company behind the Wick Theatre and Costume Museum has purchased its space.
Marilynn A. Wick and her company Costume World Inc. bought the space. The $5 million mortgage is with Newtek Small Finance LLC, a New-York based small business lender. Wick’s daughter, Kelly Kigar of Lime Door Realty, facilitated the sale.
Wick, founder and CEO of Costume World, was leasing the space for the past three years from Legacy Bank of Boca Raton. Costume World is a theatrical costume distributor signed the lease with Legacy Bank in 2013 with an option to purchase. The building had been the former home of the Caldwell Theatre Company, which shuttered in 2012.
Wick completely renovated the building, and during the past three years has created a cultural institution that has garnered critical acclaim and vibrant audience support.
“I will admit that there were times I wasn’t sure that this would ever come about,” Wick said in a statement about the purchase. “We’ve had such overwhelming support and encouragement from the community that I am confident we will continue to grow and thrive in this magnificent space.”
The Wick announced it will begin expansions and enhancements to the facility.  These include upgrades to the sound and lighting system, the addition of a partial fly loft and the creation of an orchestra pit underneath the existing stage.
The Wick has launched a $5 million dollar fundraising campaign, of which $100,000.00 has already been committed by Wick Theatre donors.