TheaterWeek" the magazine may have closed, but Theatre Week the concept is alive and well and coming to NYC May 26. New York Mayor Rudolph Giuliani has declared May 26-June 1 "Theatre Week" to celebrate the most active and successful Broadway season in years.

Biggest of the events planned is the 11th annual "Stars In The Alley" concert, held outdoors in Shubert Alley on West 44th St. More than 30 stars are expected for the free event, which is produced by the League of American Theatres & Producers and presented by Broadway's first-ever corporate sponsor, American Airlines.

Celebrity hosts for the popular event will include Chicago's Bebe Neuwirth, The King & I's Lou Diamond Phillips and Faith Prince; and An American Daughter's Hal Holbrook. Musical selections will be taken from new shows Chicago, Jekyll & Hyde, The Life, Titanic, Steel Pier, Dream, Annie, as well as old favorites like Bring In `Da Noise/Bring In `Da Funk, Phantom Of The Opera, Smokey Joe's Cafe, Rent and Victor/Victoria. Representatives from Broadway's new non musicals (including The Last Night Of Ballyhoo and A Doll's House) will be on-hand as well.

NY's WQEW-AM, 1560 on the dial, which specializes in show music and pop standards of the 1940s-60s, will broadcast the 11:30 AM event.

For more information on "Stars In The Alley," call (212) 563-BWAY. --By David Lefkowitz