Show Financials
Aug 21 2024, 07:42:05 AM
hearthemsing22 said: "When I look at the Broadway Grosses, I see a show like back to the future grossed over 1 million and I think "that's amazing". But then other people who comment say that number isn't good.
I guess I'm curious as to why, and when people talk about a show "nut", what is that? Is it the number a show wants to hit in order to break even, or keep up their run?
I don't follow the financial details of shows. I&#
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Is the migrant crisis affecting Broadway?
Aug 19 2024, 07:40:40 AM
Bettyboy72 said: "I've been to NYC many times since the "crisis" began. At one point, I stayed at the Row which was housing society migrants at the time. There were no issues.
I think what does impact Broadway is the closing of the Row. It had the most hotel rooms in midtown. Many people I know who went a few times a year for theatre pilgrimages liked the hotel because it was affordable and close to all the theatre. Many were elderly and appreciated the short walks. It wasn't luxurious, but it was clean, close and affordable. It's closing raised prices of other hotels because now rooms were more scarce.
So essentially if you convert a huge hotel to residences it will impact the volume of a neighborhood."
It’s clear that the closing of the Row had a significant impact on the affordability and accessibility of accommodations in Midtown. The loss of such a central and budget-friendly option has definitely affected the local hotel market and the overall experience for visitors. Your perspective on the matter is really valuable.
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