“new york, new yorkis a big-budget musical intended to be positioned as a nostalgic love letter to the city, but it will close on July 30 after the performance. overwhelming critic And it could not find enough audiences to sustain its run on Broadway.
Capitalized at $25 million, the musical was the most expensive performance of last year’s theatrical season, according to Securities and Exchange Commission filings. The money has not been recovered. The show’s budget was larger than any other musical currently on Broadway, but costs are rising, with the largest theater companies and most staged musicals increasingly costing $20 million or more.
“New York, New York” got off to a good start at the box office, hovering around $1 million in its first week at the box office. But the musical is expensive to run, with a large cast and a large orchestra, and sales have been successfully declining this summer. According to the latest statistics released by the Broadway League, “New York, New York” grossed $692,051 in the week ending July 16, with only 68% sold out.
At the time of closing, “New York, New York” will count 33 preview performances and 110 regular performances.
Loosely based on Martin Scorsese’s 1977 film of the same name, the musical tells the story of a young couple, he a musician and she a singer, in a post-World War II city. This book is by David Thompson and Sharon Washington.
The show featured songs by Jon Kander and Fred Ebb, some of which also appeared in the film. The title song, which is the closing number of the musical, has become a staple. Ebb died in 2004. Lin-Manuel Miranda provided the lyrics for the stage musical and collaborated with Kander, now 96 and recipient of this year’s Tony Award for Lifetime Achievement.
The musical, directed and choreographed by Susan Stroman, opens on April 26. mixed in negative review. In The New York Times, critic Elizabeth Vincenteri called it “sprawling, unwieldy, and surprisingly boring.”
The show was nominated for nine Tony Awards. won onefor the landscape design of Beowulf Boritt.
Sonia Friedman and Tom Kardahy are lead producers of the musical. In May, they announced plans to tour the musical nationwide starting in January 2025, but only said they were “in talks for a North American tour” when announcing the end date on Sunday night.
The closure announcement comes at a difficult time for Broadway shows, many of which are struggling as the industry rebuilds following prolonged theater closures early in the coronavirus pandemic. Three shows made their final performances on Sunday: the revival of the musical “Camelot,” the stage adaptation of “Life of Pi,” and the comedy “Peter Pan Is Wrong.”