The fate of the 579-seat Helen Hayes Theatre, one of the last independently-owned houses among Broadway’s 40 designated theaters, will be decided in New York State Supreme Court after arguments on Thursday. At issue is whether the nonprofit Second Stage Theatre, which contracted to buy the theater, on West 44th Street, eight years ago, is entitled to a 90-day period to raise the additional $21.4 million nece…
SOURCE: Deadline at 11:06PM on February 16, 2015