After being stuck in development hell for quite some time, New Line Cinema is quickly moving forward with plans to remake John Carpenter’s 1981 dystopian action classic Escape From New York, thanks to a rewrite from Allan Loeb, the man who rescued the Wall Street sequel from development limbo over at Fox, reports the Vulture. They write that: “A big reason for the fast track was creative: Loeb nailed the humor in Plissken without slipping into camp, and he changed Snake’s rescue-mission target from a president to a female senator, thereby upping the banter quotient. But just as big a factor was economic: They found a much cheaper way to turn Manhattan into a giant prison.” You can read more by clicking the link above or below.