Friday, April 12, 2013

Steinway Hall Sold



It was with great sorrow that I learned that Steinway Hall on West 57th Street has been sold. The building, graced with paintings of famed composers, has been host to many musicians, famed and not, over the years. Lush and ornate, it was like entering a magical world where music reigned.

Steinway, which owns the building but leases the land, had been losing approximately five million dollars annually to maintain it.  A representative of Steinway stated that they have plans to open another venue in Manhattan, which would be more up-to-date, with soundproof studios. The current building, built in 1925, would be too costly to update for today's needs.