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The new Embassy was built on the site of the former Waltham New-Tribune building on Pine Street, just a block up from Moody. The old Embassy was indeed nearby on Moody Street, across from the former Grover Cronin department store, now the site of a condo complex (the Grover Cronin facade was preserved). The site is now the vacant lot that breaks up the block between Pine Street and the Charles River. The last film to play at the original Embassy was “The Last Picture Show,” I recall, but the theater actually closed with a gala performance by Guy Lombardo and his Royal Canadians band of New Year’s Eve fame.