macnyc said: "I did a quick count of the orchestra seats that are being sold for premium, and I get about 430. That's more than double what the Times is saying.
The center orchestra up to about Row Q is $849. That's about 195 seats. The two front side sections were all premium except for the far edges, where one or two seats are $199 because they're partial view. Each of those side sections is about 86 seats, so even if you subtract 16 for the edges, that's 70 seats per side, or 140 total.
Then, for the rear side orchestra, eight seats in from the aisle are premium up to Row Q. So that's approximately 48 seats per side, times two is 96. Grand total is about 431.
So is the Times just mistaken? Or will prices for the premium seats be reduced for the general sale? I don't see that happening. I think the Times goofed, and the writer arrived at the wrong figure by just counting the center orchestra, without realizing that most of the side orchestra is premium too.
Thank you Macnyc, I agree with you that the NYT likely made a mistake and I hope it is soon clarified. Your post above makes much more sense than the NYT article which surprised me re: making it sound like such a small and typically representative number of 'center orch' seats are designated at premium....I did see that pretty much half way to the side of as far back as Row Q was newly designated "premium". I was surprised to see the NYT id'd this as only 200 seats...because clearly it is way more than 200 seats. Too bad the NYT has no comments section for this article but maybe MacNYC you can forward your post to the Theater/ARts editor and get a correction!! ;o)
Also re my earlier pre-NYT comments last night--on second thought, I believe the producers probably did alot of number crunching research before coming up with what the outrageous price they did (outragous in the sheer number of seats that come under that obsence amount). If they say $1000 or $849 is the avg resale price then they are probably right...however I recall learning at school that "median" is a much more accurate indicator than 'average' --Averages can get warped by an unusually high number (or low) so for the sake of accuracy, median is the preferred number used. What is that number? We don't know...Seller didn't say.
[To clarify with an example: if 5 people buy pairs of tickets at prices ranging from $800 to $3500. 2 couples pay $800, 2 pay $1400 and one pays $3500. What is the "average" theater goer paying for tickets? The median would say $1400, and the average say above $1500. What is more representative of what people actually pay? I would argue $1400 is more representative of what is getting paid. Because 4 couples paid no more than that. Only one couple paid more, albeit alot more.
So, back to my point re stubhub and roughly 250 tix available on a resale market for a given show--if there are as macnyc says (and sounds far more accurate to me) close to 400 newly designated premium seats...then the producers really going for the upper ceiling they don't t need to reach IMHO. But Seller can make more money arguing the "average" price---a price much more easily skewed by some billionaire who didn't hesitate to pay $5000 for center Row H or whatever on the day in NYC convenient to him/her.
And, yes, I have a few times checked stubhub close to showtime or at showtime. There are (like last night) sometimes still tickets remaining. Everything does not sell at it's (lowered but still high) $1200 or $2200 price.
And finally, while I think it's very "nice" that the lottery opportunity has expanded from 10 lucky people getting a pair of seats to 20 lucky pairs of people, that really pales next to hiking up and expanding orchestra premium price tag to make most of orchestra $849.