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Will we ever see another "new' Broadway Theater ever again?

Posted by: Maguire75 12:43 pm EDT 03/30/14

Unlike the bleak years of the 1980s, high demand in the current commercial theatre market could certainly justify a few more mid-size Broadway houses, but will it ever happen?

There are several empty lots in prime theater locations on 44th and 45th Streets, and new high rises seem to be going up yearly in the theater district - I'm frankly surprised none have cut a deal with the city to include a new Broadway house. Surely the rent paid by a long running theatrical tenant would be more lucrative than the huge retail spaces most are building on the ground level instead, that seem to mostly be sitting empty (or rotate through short livid tenants) for years at a time.

Is it just too costly? City zoning too strict now to build a Broadway theater?

Other options?

The Liberty Theater on 42nd is remarkably well preserved - though it is currently housing a restaurant, it doesn't seem hard to imagine it potentially being used as a theater again.

The Times Square Church? The former Mark Hellenger Theater has been orgeously preserved by the religious group - could it ever be sold back to one of the theatre conglomerates?

The Little Shubert? I believe is a couple hundred seats shy of the seat count necessary for a Broadway house - but why does the Shubert Organization let it sit used as a flop house for very short lived Off-Broadway runs? Tax write off?

Any other thoughts / possibilities?


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Previous: re: RED VELVET at St. Ann's; ultimately disappointing - Guillaume 07:20 pm EDT 03/30/14
Next: 46th and eighth? - bobby2 01:39 am EDT 03/31/14

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