1. The Apollo Costs Just $1.00 A Month to Rent
Yes indeed, and I’ll tell you how that happened. The 1,500 seat theater fell upon hard times in the 1970s, finding itself in great financial difficulty. It closed in 1979. But in 1981, a prominent lawyer, political media and technology executive decided to take a chance on the historic theater. It was Percy Sutton. Under Sutton’s ownership, the theater was equipped with a recording and television studio, and brought back to life. In 1983, the Apollo Theater received State and City Landmark status. Ownership was transferred to the State of New York in 1992, and the theater was leased to the non-profit Apollo Theater Foundation, Inc. for 99 years, with a monthly rent of just $1.00.
You can read more about Harlem here. Next, check out the Top 15 Secrets of Columbia University. Get in touch with the author at AFineLyne.