NEW YORK—After the troubling news in February that the Film-Makers' Cooperative was facing eviction from its city-owned quarters at the hands of P.S.1, it's a relief to hear that the artist-run nonprofit has found a new home. Real estate developer Charles S. Cohen has given the group, which archives, distributes, and restores experimental and avant-garde films, a five-year lease for a space almost four times as big as its old one, at the cheap price of $1 a year.

"It's amazing," said filmmaker Jonas Mekas, one of the founders of the cooperative, "and amazing that there are still people like Cohen in this world." The new quarters at the corner of Park Avenue and 32nd Street will allow for new air-conditioning to be installed to protect some of the movies, and for the construction of a 15-seat theater "for the use of scholars and others who want to do research," according to Mekas.

Read more at the New York Times.