Washington's Tony-Winning Shakespeare Theatre Company Reaches Settlement With Landlords

News   Washington's Tony-Winning Shakespeare Theatre Company Reaches Settlement With Landlords
 
The Tony Award-winning Shakespeare Theatre Company in Washington, DC, has reached a settlement with the landlords of the Lansburgh building — who were demanding $480,000 (as opposed to its $70,000 annual cost) for its 450-seat facility — according to the Washington Post.

Pending a formal dismissal of the STC's suit, the theatre company will play in the Lansburgh Theatre, where it has performed since 1992.

Terms have not yet been disclosed, and Laura Steinberg (attorney for the Lansburgh building's owner and developer, Graham Gund), Patrick Conner (an attorney for other parties in the defense) and Kate McSweeny (representing the STC) did not comment.

The legal dispute — which began days after the STC was awarded the 2012 regional Tony Award — included control of the three-person board, a nonprofit entity that is the contact point between landlord and tenant. There were also disagreements regarding maintenance costs.

A hearing is scheduled for Oct. 25 but will be canceled if the STC files papers dismissing the case as settled.

Visit ShakespeareTheatre.org.

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