The end of BDC??? =(
BDC's problems stem from the fact that the New York City real estate sector is ridiculously competitive and almost cutthroat and unfortunately for them BDC has a prime location overlooking central park. Their most recent landlord wants to "develop" more and as a result is pretty much trying to force them to move through petty building restrictions a violations. Condsidering that it would cost them 3.4 million to move, this is not a viable option. As we talked about in class it is not only non-profit arts orgs that struggle these days and this is a perfect example. In some ways BDC is hindered by the fact that they are for profit since many non-profits in their area (Alvin ailey dance for example) have been able to move into lovely new facilities through grants and donations. I personally think that its really sad that these large profit driven real estate people are able to railroad and arts organization such as this, especially one that has been established for many years. Since court battles have now begun between BDC and their landlords it will in many ways be up to the government to decide whether the arts are worth protecting.