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New Haven Signs Over Ownership Of Shubert Theater

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(credit: shubert.com)

(credit: shubert.com)

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NEW HAVEN, Conn. (AP) _ New Haven’s mayor has signed over ownership of the historic Shubert Theater to a not-for-profit organization that has operated it for the city for more than a decade.

Mayor John DeStefano, Jr. says he is confident the 99-year-old theater will flourish under the ownership of the Connecticut Association for the Performing Arts.

The arts association has been operating the theater on a year-to-year lease but the city was responsible for capital repairs and improvements.

The city says the agreement signed Wednesday is expected to save New Haven more than $5 million over the next 10 years.

The theater began as a Broadway tryout house and today puts on a range of performances in addition to education and outreach programs.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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