Off-Broadway's American Jewish Theatre will rename its performing space the Raymond J. Greenwald Theatre on May 2.

The Greenwald Theatre, a downstairs performing space for AJT since 1988, was formerly leased by Roundabout Theatre Company before its move to 18th Street, and eventually Broadway.

The renaming of the theatre will coincide with the opening of a revival of the Irving Berlin musical The Coconuts. Its the final production of AJT's highly successful 1995-96 season, which included The Yiddish Trojan Women and Working Title.

Greenwald, the theatre's new namesake, is a prominent off-Broadway producer (Oh Coward! and Songs of Paradise) and a principal of the Dakota Realty Company, which manages large office buildings in Manhattan.

The theatre will be renamed in his honor in a May 2 ceremony. The Greenwald is the second Off-Broadway Theatre to change its name in the last year. In August 1995, the Criterion Stage Left Theatre was rechristened the Laura Pels Theatre.