I posted last week that I heard that Disney was looking to buy out the restaurants (Frankie and Johnny's, Barrymore's, Puleos, etc.) on 45th Street, knock them down, and build a theatre.
I was only half correct.
So now, it's official - but it's not Disney. The Shuberts own all of those buildings, and are planning to demolish the existing ones to build a second Marriot hotel, with a Broadway theatre inside (much like the existing Marriout Marquis.) It's not certain yet whether or not the Shuberts will be buying out the restaurants and tenants that have time left on their lease, or if they will wait for them all to run out. According to Barrymore's, the project is definite, but it may be up to 3 years before all the restaurants finally close and vacate.
Very sad, indeed...
"If you are going to do something, do it well. And leave something witchy."
-Charlie Manson