In October the regional theatre announced that its lease on its current Main Street location would expire in May 2013 and that a more affordable, long-term home was being sought in Sag Harbor and surrounding areas.
Bay Street executives announced April 24 that its lease has now been extended through May 2023. The theatre and building owner Pat Malloy were able to come to a new agreement, which allows Bay Street necessary term flexibility to seek a future permanent residence.
"The great news is, we now have a stable environment from which we can pursue our dream of having our own home. It is a dream a long time coming. For an arts organization to expand and continue to thrive it is imperative. We are so grateful to the East End community for coming forward with new ideas, potential partners, and interested underwriters. It is in that spirit of collaboration that we can all make this dream into a reality," said Bay Street artistic director Murphy Davis in a statement.
Among the works developed and premiered at Bay Street are Full Gallop, Motherood Out Loud, Swingtime Canteen, Love Janis, If Love Were All, Nobody Don't Like Yogi and Three Hotels. Founded in 1991, Bay Street is led by artistic directors Sybil Christopher and Murphy Davis, and executive director Tracy Mitchell.