Broadway’s poorly received ‘New York, New York’ is near death: sources
nypost.comthe Broadway musical based on the Martin Scorsese movie, is on its last legs, sources told The Post.A person close to the production said the end of the poorly received nostalgia show at the St.
James Theatre could come as soon as this month. It would finish its run as the season’s biggest flop.According to a source with knowledge of its finances, “New York, New York” was capitalized at $27 million and costs a hefty $1.2 million per week to run.
Given that eye-watering price tag, combined with low attendance and word of mouth somewhere at the bottom of the Hudson, the musical has struggled at the box office.
Last week’s gross was a rough $770,000, with a low average ticket price of $75 and only 76% of seats filled.Free comp tickets have rained down in Times Square like New Year’s Eve confetti.“It’s that or a sea of velvet,” a source said.A spokesman for “New York, New York” had no comment.“New York, New York” took the little-remembered 1977 film — which starred Liza Minnelli and Robert De Niro and introduced John Kander and Fred Ebb’s famous “I want to be a part of it!” anthem — and spun the story into a tale of immigrants trying to make it big in NYC.
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