Former Home of The Pearl Theatre Company Up for Auction
Previously announced in June, The Pearl Theatre Company was forced to close its doors after 33 seasons. The company's home, a 160 seat Off-Broadway theatre located at 553-555 West 42nd Street is now up for auction through Maltz Auctions.
The auction will take place at the theatre on September 26 at 11am. The bidder qualification deadline is September 19 at 5pm.
For more information, visit Maltz Auctions here.
The Pearl's official closing statement reported that despite the company's continuing critical acclaim, record-setting audiences, and landmark institutional support, the efforts of the artists, staff, and Board of Trustees simply could not outpace the economic reality of operating a mid-size theatre company in Manhattan amid a crowded field of worthy causes.
The Pearl fought to keep theatre, arts education, and a resident company of actors thriving in its performance venue on Manhattan's far West Side. But, as with many of its peers in the arts community, the continuing pressure of maintaining real estate as a 160-seat non-profit theatre proved to be an insurmountable challenge for the company and its steadfast community of supporters.
Photo Credit: Genevieve Rafter-Keddy
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