(Michael Paulson’s article appeared in The New York Times, 4/18; via Pam Green.)

A nonprofit theater company on Friday purchased one of the last independently owned Broadway houses, promising to bring more plays by living American playwrights to an industry dominated by musicals, movie adaptations and British imports.

Second Stage, an Off Broadway company since its founding in 1979, said it had paid just under $25 million to purchase the Helen Hayes Theater from Martin Markinson and Jeffrey Tick, settling litigation between the nonprofit and the theater owners over whether the long-planned sale would proceed. Second Stage hopes to begin producing shows in the Broadway theater during the 2017-18 season.

 

http://www.nytimes.com/2015/04/19/theater/second-stage-buys-helen-hayes-theater-ending-dispute.html

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