Here is a segment from a Playbill article on the
Fantasticks closing:
By late July 2001, however, dire warnings were already emerging from producer Lore Noto and his son, Tony Noto, who began advertising "last weeks" for the show. The closing notice wan't so much the result of low grosses or even the overall national economic slump. Producer Noto made clear that real estate was the main culprit. The Sullivan Street Playhouse is on the desirably Village-y Sullivan Street, and the building's new landlord noticed that real estate prices were escalating precipitously. As such, a flat-lining box office killed a show that four decades of television, movies, rock concerts, computers and virtual reality could not.
In a statement released Sept. 4, the elder Noto said of the landlord, "The new purchasers of the building that houses the Sullivan Street Theater, had certain plans in regards to us, and we felt that we couldn't accommodate them. We came to an amicable agreement and let them have the building for their purposes. We felt we had to be honest and fair to our cast and crew who have supported the show for these many years."
"You pile up enough tomorrows, and you'll find you are left with nothing but a lot of empty yesterdays. I don't know about you, but I'd like to make today worth remembering." --Harold Hill from The Music Man