Time Square Theater close to signing a tenant

According to the New York Post, Times Square Theater is close to signing a tenant,
After sitting vacant for almost two decades. Broadway 4D is the potential leasee, and would take over the 30,000 square foot facility at 217 West 42nd Street. Sources say the deal is massively complex and far from complete. Back in 2004,  Landlord New 42nd Street, a non-profit group, came close to nailing down a long-term tenant when designer Marc Ecko signed a lease, only to walk away from the deal a few years after. 
 The Real reports "It was not immediately clear what the asking rent is on the building or which brokers are involved with the deal."
To read the whole story go here.

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