Subcommittee Lambastes City for Withdrawing Beneficial Theater Contribution Increase

The City’s Planning Department withdraws its proposal to increase contributions to the Theater Fund, which supports local, off-Broadway theater productions. On February 27, 2017, the Department of Planning withdrew its application to raise the contribution rate for air rights sales within Manhattan’s Special Theater Subdistrict right before the City Council’s Zoning Subcommittee was set to vote on the issue. The proposed text amendment would have instituted a higher contribution rate, established a floor sale price, … <Read More>