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Entries from Gothamist tagged with 'revenue'

May 8, 2008

Glory Days, the new musical written by a pair of twenty-somethings from Virginia, closed after its official opening night last night, joining such Broadway flops as Moose Murders and Teaneck Tanzi in the illustrious "Open/Close Club." The negative reviews proved too much for producers, who chose to pull the plug and eat their $2.5 million investment. In writing his delicate pan, Ben Brantley noted that the producers “have done this little, hopeful show no favors......

Continue Reading "Broadway's Glory Days Closes After Opening"

April 26, 2008

The New York State Legislature finally passed a budget two weeks ago, which it balanced by taking on extra debt without the approval of voters to fund a 6% increase in spending as revenues continue to shrink. State Comptroller Thomas DiNapoli says New York is heading for trouble, especially since revenue projections are so uncertain and vulnerable to further economic downturn. The $121.7 billion budget grew 6% despite entreaties from Gov. Paterson to actually cut......

Continue Reading "State Budget Balanced, But Ready to Tip Into Real Trouble"

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