New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Downtown New York  + Hospitality  | 

West Village’s Historic Cherry Lane Theatre Sells to Partnership of Taurus and A24

Taurus Investment Holdings, LLC and global entertainment company A24 have completed the acquisition of Cherry Lane Theatre, the oldest continuously running Off-Broadway theater. The partnership plans to refurbish Cherry Lane, while preserving the historic nature of the West Village building. 

Originally built as a brewery in 1836, the building was converted in 1932 into the Cherry Lane Playhouse and has been associated with some of the greatest playwrights, actors and actresses of the 20th century, such as Tennessee Williams, F. Scott Fitzgerald, Harold Pinter and Edna St. Vincent Millay, and continues to be a leading venue for off-Broadway productions.  Taurus’ renovation will meet design standards that retain the theatre’s original character within the West Village neighborhood. 

“Partnering with A24 to acquire Cherry Lane Theatre provides us with a highly unique investment opportunity due to its location, rich history and cultural significance,” said Peter A. Merrigan, CEO of Taurus Investment Holdings. 


Inside The Story

Taurus Investment Holdings

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Step 1: Select Education
  • ◦Sale/Acquisition