New York's Chicago Theatre | Bleader

Thursday, October 11, 2007

New York's Chicago Theatre

Posted By on 10.11.07 at 01:27 PM

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Deanna Isaacs reports:

Ouch!  New York's Madison Square Garden Entertainment confirms that it has agreed to purchase one of our city's best-known landmarks, the Chicago Theatre.  Restored to its original spendor 20 years ago with $21 million of public money, the theatre was handed over to the private sector in 2003 for a mere $3 million. But at least that buyer, TheatreDreams, was nominally based in Chicago. Details of the pending sale, which is awaiting city approval, have not been disclosed yet.

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