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A24 Buys Historic Off Broadway Cherry Lane Theatre For $10M

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deadline.com

Off Broadway’s historic, if long financially beleaguered, Cherry Lane Theatre has been purchased by The Whale and Everything Everywhere All at Once film studio A24.

The 179-seat mainstage venue, located on one of the most picturesque side streets of Manhattan’s West Village neighborhood, is a central part of Off Broadway history, founded as a playhouse in 1923 and eventually providing a home space for such major theatrical figures as F.

Scott Fitzgerald, Samuel Beckett, Harold Pinter, Edward Albee, Clifford Odets, Tennessee Williams, Harold Pinter, Eugene Ionesco, LeRoi Jones, Sam Shepard, Lanford Wilson, Joe Orton and David Mamet.

Recent years have seen the small, tucked-away venue hitting one financial brick wall after another, most recently when executive director Angelina Fiordellisi agreed to sell the theater to the Lucille Lortel Theatre Foundation for $11 million in 2021.

Read more on deadline.com
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