Broadway theaters will remain dark until spring

Reopening could still be a year away, if not longer

New York /
Oct.October 09, 2020 02:10 PM
(Getty)

(Getty)

The lights will stay out on Broadway for at least another seven months.

The Broadway League, which represents the industry’s producers and theater owners, announced Friday that the White Way’s 41 theaters will not reopen until next May at the earliest, the New York Times reported. By that point, theaters will have been closed for more than a year.

Even the target date of May is up in the air; Charlotte St. Martin, the president of the Broadway League, told the Times that “we truly don’t know” when theaters will be able to safely welcome patrons again.

“I think people’s bets are the fall of next year,” she told the paper.

Broadway’s economic impact on the city is substantial. In its 2018-2019 season, it brought in about $14.7 billion, with a good chunk of that coming from tourists who come to New York City to take in a performance or two.

The absence of tourists in the city is having a ripple effect on myriad industries — hospitality, retail and transportation among them — and decimating New York’s economy.

International arrivals at NYC-area airports in July were down by 93 percent over the same period in 2019, and in August, occupancy at the dwindling number of open hotels was at just 40 percent, compared to 80 percent last year, when far more hotels were open. And foot traffic in Times Square, the epicenter of tourism in the city, is down by 72 percent.

The travel and tourism industry usually brings in about $7 billion every year, the New York Times reported, and it’s unclear how far that number will fall in 2020. Some hotels and restaurants have seen an uptick in interest from locals, but that won’t be enough to close the gaps.

“If no tourists come, I have no business,” Prince Mahamud, who runs a Chinatown souvenir shop, told the Times.

[NYT, NYT] — Amy Plitt


Related Articles

arrow_forward_ios
A federal judge has rejected a lawsuit from a group of New York landlords that sought to challenge pandemic protections for tenants. (iStock)

Landlords lose challenge against pandemic renter protections

Landlords lose challenge against pandemic renter protections
The home improvement retailer will stay in it's Flatiron location (Google Maps)

Home Depot extends lease for Flatiron store

Home Depot extends lease for Flatiron store
Foot traffic in Union Square, the Flatiron District and Chelsea is down by 50% from February. (Getty)

Foot traffic remains low in prime Manhattan neighborhoods

Foot traffic remains low in prime Manhattan neighborhoods
About 25 percent of employees had returned to work as of Nov. 18 (Getty; iStock)

Offices remain empty, and big cities are feeling the crunch

Offices remain empty, and big cities are feeling the crunch
Judge Ronnie Abrams ruled several laws signed by Mayor Bill de Blasio are constitutional. (Wikipedia Commons, iStock, Getty)

Judge upholds city laws protecting non-paying businesses

Judge upholds city laws protecting non-paying businesses
 8 Spruce Street and Brookfield's Bruce Flatt (New York by Gehry, iStock, Brookfield)

Bad year: 1 in 5 units at Gehry skyscraper goes vacant

Bad year: 1 in 5 units at Gehry skyscraper goes vacant
Spending outpaced foot traffic because shoppers purchased at the stores they did visit (Getty)

Retail foot traffic tanks on Black Friday

Retail foot traffic tanks on Black Friday
Singapore (iStock)

Singapore luxury market rebounds despite fewer foreign buyers

Singapore luxury market rebounds despite fewer foreign buyers
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...