Manhattan Theatre Club's The Wild Party, the new musical by composer-lyricist-librettist Andrew Lippa, won't move to Broadway, according to the producers who have the option to take it beyond the current Off-Broadway world premiere.

Producers Jeffrey Seller and Kevin McCollum (Rent) reportedly said in a statement that they are "thrilled with the production, but it doesn't make sense to transfer to Broadway in the current environment."

The musical, drawn from the 1928 verse poem (of the same name) by Joseph Moncure March, got mixed reviews after its Feb. 24 opening at MTC's Stage I. Another musical version of the poem is being staged on Broadway beginning March 10 at the Virginia Theatre. Composer-lyricist and co-librettist Michael John LaChiusa collaborates with co-librettist and director George C. Wolfe for that show, also dubbed The Wild Party.

Lippa's Wild Party is scheduled to close April 2, as planned. MTC is a subscription nonprofit company operating in two theatres in City Center on 55th Street.

Brian d'Arcy James, Julia Murney, Taye Diggs and Idina Menzel star in the pop-driven MTC tuner set at a debauched Jazz Age party populated by corrupt vaudevillians, dancers, a pugilist, a predatory lesbian, songwriters and a mysterious playboy.