A24 Buys Cherry Lane Theatre, Off-Broadway Stalwart, For $10 Million
The chances of an Everything Everywhere All at Once or Midsommar stage adaptation just grew exponentially. Curbed reports a deed filed March 3 confirms the longstanding rumor that indie darling movie studio A24 has purchased the Cherry Lane Theatre.
Plans are unclear at the moment what the purchase means for the space, but current owner Angelina Fiordellisi will likely be happy with the move. The performer has tried to sell the Cherry Lane for years; a deal with the Lucille Lortell Foundation fell through in 2021.
The building was first erected in 1836 as a brewery, and later used as a tobacco warehouse and box factory. It was converted to a playhouse in 1923 by a group of artists. Since then, it has become a stalwart of the downtown theatre scene, home to some of the most groundbreaking plays and shows to hit New York City.
The most recent production held there was Rita Kalnejais’s This Beautiful Future, which played in the fall of 2022. Other recent stagings include Oh God, A Show About Abortion; Coal Country; and Get On Your Knees.