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The Mark Hellinger Theater was sold to the TSC sometime in fall 1991, according an article in the Times on December 7, 1991. No details of the sale were officially announced, but it was estimated that the Hellinger was worth between $15 and 18 million.
By 1989, a lack of Broadway productions prompted the Nederlanders to lease the theater to the Times Square Church, which bought the building two years later and continues to operate it as of 2024. Site.
This prompted the Nederlanders to lease the Mark Hellinger Theatre to the Times Square Church in February 1989; [192] [193] the Times Square Church moved to the Hellinger the next month. [191] The Nederlander Theatre's next legitimate show, the musical Dangerous Games , lasted four performances.
Apr 23, 2023 · From 1949 to 1989, the theater was a legitimate Broadway house, presenting live performance. During this time, it was named The Mark Hellinger Theatre
- Jennifer Ashley Tepper
After briefly being rechristened the 51st Street Theatre, it was purchased by producer Anthony Brady Farrell, who renamed it for Mark Hellinger, who died in 1948.
The last production at the Mark Hellinger Theatre was Peter Allen’s “Legs Diamond” which closed in February 1989. The Nederlander Organization leased the theatre to a church group. Three years later, the building was sold for $17 million and became the home for the Times Square Church.
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In what is considered one of the most boneheaded business decisions in Broadway history, the Nederlanders sold the place outright to the lessees for $17 million. Credit where it’s due, aside from hanging two e-n-o-r-m-o-u-s black speakers from the proscenium, the Times Square Church has taken scrupulous care of the theater.
