Helen Hayes Theatre Sold For $24.7M, Adding Fourth Nonprofit To Broadway's Bazaar
EXCLUSIVE: Second Stage Theatre, one of New York’s most prominent off-Broadway companies, closed Friday on its deal to buy the Helen Hayes Theatre, Deadline has confirmed. The $24.7 million purchase will add the fourth nonprofit company operating Tony-eligible Broadway theaters — essential, the nonprofits say, in attracting top talent. The closing ends an eight-year saga that began in 2007, wh…