One Of Two Rivals To Revive New York City Opera Withdraws

“Gene Kaufman, an architect and one of the suitors who has been vying to reorganize and take control of City Opera, withdrew as part of a negotiated settlement that calls for granting his group $300,000, according to a court filing. The move made it almost certain that the next chapter in the company’s history would be written by NYCO Renaissance, a group backed by Roy G. Niederhoffer, an investment manager who served on the old City Opera board. It plans to make Michael Capasso – whose small company, Dicapo Opera Theater, foundered – the general director of the new City Opera.”

source ArtsJournal http://ift.tt/1LQtCEe

Posted in: Dance news