This site near the corner of Halsey Street and Branford Place in Downtown Newark could look quite different in the years to come. The former RKO Proctor's Palace Theater, located on the right, was sold in 2016 by the City of Newark for just $5,000 to a development company that is planning to demolish it in order to construct a mixed-use development. The historic 93-year-old structure on the left could be converted into apartments and retail space. However, part of this long-vacant building collapsed last year following a storm, and the status of the project is unknown.