Second Stage to Vacate Tony Kiser Theatre
Posted by: dbdbdb 10:54 am EST 02/23/24

"Last year, Second Stage gave up the lease on its Off Off Broadway space. Now it is also relinquishing the Kiser Theater, a 296-seat theater space where it has been presenting plays and musicals since 1999. The Broadway house has been unaffected by the changes. The company said it was committed to continuing to produce work Off Broadway, and was searching for a new place in which to do so."

Apparently, according to the terms of the lease, the company, not the landlord, would have to pay for needed upgrades and repairs. There are other considerations, including high rent and the landlord's contractual ability to terminate. I surely didn't see this coming. More proof that not-for-profits are struggling.
Link https://www.nytimes.com/2024/02/23/theater/second-stage-off-broadway.html
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