{"id":15587,"date":"2024-01-10T05:00:41","date_gmt":"2024-01-10T10:00:41","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/entertainment\/paul-taylor-dance-company-to-move-to-midtown-in-major-expansion\/10\/01\/2024\/"},"modified":"2024-01-10T05:00:41","modified_gmt":"2024-01-10T10:00:41","slug":"paul-taylor-dance-company-to-move-to-midtown-in-major-expansion","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/entertainment\/paul-taylor-dance-company-to-move-to-midtown-in-major-expansion\/10\/01\/2024\/","title":{"rendered":"Paul Taylor Dance Company to Move to Midtown in Major Expansion"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The Paul Taylor Dance Company, founded in 1954 by the <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2018\/08\/30\/obituaries\/paul-taylor-dead.html\" title=\"\" target=\"_blank\" rel=\"noopener nofollow\">renowned choreographer<\/a>, has long been one of the city\u2019s most prominent troupes. But it has struggled in recent years to find space to match its ambitions for more performances, rehearsals, classes and community events.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">No longer. The company on Tuesday announced a major expansion that would more than triple its footprint, moving its headquarters to a Midtown Manhattan office tower next year from its current home on the Lower East Side. The company will use the space to build more dance studios and expand its education programs.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt\u2019s a new era,\u201d said John Tomlinson, the company\u2019s executive director. \u201cThere\u2019s more opportunity for us.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Under a leasehold agreement with George Comfort &amp; Sons, a real estate investment and management firm, the Taylor company will essentially own two floors of a tower on West 38th Street for 30 years. The company and George Comfort will split the costs, around $8 million to $10 million, to renovate the 31,000-square-foot space and build dance studios.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Tomlinson said the new space would allow the company to attract more artists and students, given its proximity to major transportation hubs. The company, which plans to move to the new space early next year, also operates the Taylor School, offering dance classes for adults and children.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cWe found this location that is about as close to the crossroads of the world as you can possibly be,\u201d Tomlinson said. \u201cAnd we found a landlord who was, incredibly, willing to invest with us and interested in seeing us become part of that community. And so it became a perfect match made in heaven.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The leasehold arrangement will allow the Taylor company, a nonprofit, and George Comfort to claim an exemption from property taxes on the space.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">George Comfort said it was pleased to help the dance troupe expand its presence in the city.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cWorld-renowned cultural institutions like the Paul Taylor Dance Company are the lifeblood of New York City and a key component to the Big Apple\u2019s enduring allure,\u201d Peter S. Duncan, the president and chief executive of George Comfort &amp; Sons, said in a statement.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Paul Taylor, whose founder died in 2018, is one of the few dance companies in New York with a substantial real estate footprint. (Others include Alvin Ailey American Dance Theater, the Mark Morris Dance Group and Dance Theater of Harlem.) Dance troupes have long struggled to find affordable space to rehearse and perform in the city, one of the world\u2019s most expensive markets, especially since the pandemic, which has created new financial pressures for performing arts groups.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The pandemic forced Paul Taylor to cancel many performances and tours, hurting its revenues; the company\u2019s budget fell to about $6.4 million in 2022 from about $10 million in 2019.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">But the company has started to recover. The budget is now roughly $8.3 million and box office sales are roughly at prepandemic levels, totaling nearly $800,000 for its current fiscal year. The company last fall completed its annual season at Lincoln Center, which attracted 25,239 people, compared with 26,104 in 2019. The company has tours planned this year in the United States as well as Italy.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">After its move to Midtown, the Taylor company will maintain its roughly 13,000-square-foot space on the Lower East Side, which it has been leasing for about 15 years. That space will be used for performances and community programs; it will also be rented out for events.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><a href=\"https:\/\/www.nytimes.com\/2024\/01\/09\/arts\/dance\/paul-taylor-dance-midtown-expansion.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Paul Taylor Dance Company, founded in 1954 by the renowned choreographer, has long been one of the city&rsquo;s most prominent troupes.<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/entertainment\/paul-taylor-dance-company-to-move-to-midtown-in-major-expansion\/10\/01\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":15589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/15587"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=15587"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/15587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/15589"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=15587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=15587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=15587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}