Will New York City Welcome a New Broadway House?

The Shubert Organization, which owns 17 of the 40 Broadway theatres, plans to build a state-of-the-art, 1,500-seat Broadway theatre between West 45th and 46th streets, according to the New York Post.

The company, which recently made a bid for Off-Broadway's New World Stages complex, told the Post that they are "in negotiations" to fill the space on 8th Avenue, which they own — between Frankie & Johnnie's steakhouse and the Shuberts' Imperial Theatre. The site is now partly filled with tents selling trinkets, and the area recently housed Kazino, the supper club-style venue built especially for Off-Broadway's Natasha, Pierre & The Great Comet of 1812.

The Shuberts built Off-Broadway's Little Shubert Theatre in 2002. The other theatres the company owns are the Ambassador ( Chicago), the Barrymore ( The Curious Incident of the Dog in the Night-Time), the Belasco ( Hedwig and the Angry Inch), the Booth ( The Elephant Man), the Broadhurst ( Mamma Mia!), the Broadway ( Cinderella), the Cort ( This Is Our Youth), the Golden ( A Delicate Balance), the Imperial ( Les Misérables), the Bernard B. Jacobs ( Once), the Longacre ( You Can't Take It With You), the Lyceum ( Disgraced), the Majestic ( The Phantom of the Opera), the Music Box ( Pippin), the Gerald Schoenfeld ( It's Only a Play), the Shubert ( Matilda the Musical) and the Winter Garden (recent home of Rocky).

Visit ShubertOrganization.com.