Exclusive | Long-running NYC show still owes theater millions in unpaid rent - after closing months ago
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Exclusive | Long-running NYC show still owes theater millions in unpaid rent - after closing months ago
"According to court filings, Centaur Properties apparently forgave more than $5 million in rent during the COVID-19 pandemic - an effort to give the show financial breathing room."
"This was not an eviction case, because they left about a month ago - voluntarily left, without tendering the rent, Terrence Oved said."
"The decision follows more than a year of increasingly bitter legal entanglements between the two parties, culminating in four separate lawsuits and a courtroom showdown."
"While slated to close in 2024, popular demand kept the production around another year."
The immersive theater production "Sleep No More" has officially concluded its run at the McKittrick Hotel after over a decade. Initially scheduled to close in 2024, overwhelming demand led to an earlier finale. However, the show's producers face significant financial repercussions, having been ordered by a New York judge to pay approximately $5 million in unpaid rent and legal fees to their landlord, Centaur Properties. This ruling follows a complex legal dispute that included multiple lawsuits and claims of coercion regarding lease agreements.
Read at New York Post
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