Jeff Lunden

Broadway is New York's biggest tourist attraction and brought in $1.3 billion in ticket sales last season. But it's also a high-stakes gamble for producers, since only 1 in 4 Broadway shows turns a profit. This month, two of the fall's most highly anticipated musicals, a revival of Side Show and The Last Ship, with songs by Sting, have thrown in the towel — closing, having lost almost their entire investments.

New York is saying goodbye to another historic building. Steinway Hall, the main showroom for Steinway & Sons pianos, will be moving to a new location, leaving its home of almost 90 years on 57th Street near Carnegie Hall. The first floor has been designated a landmark and will be preserved, while the rest of the building will be torn down to build high-rise luxury condominiums.

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Peter Brook is truly the grand old man of world theater. He became famous with his productions at the Royal Shakespeare Company in the early 1960s; wrote the seminal theater text The Empty Space; and started the International Centre for Theatre Research in Paris, where he developed such plays as the nine-hour adaptation of the Sanskrit epic, The Mahabharata.

Now, at the age of 89, Brook has brought his company to Brooklyn with a new play all about the mysteries of the human brain.

Sometimes good things come in small packages. Nonesuch Records, which started as a tiny independent budget classical label in 1964, is celebrating its 50th anniversary with three weeks of concerts at the Brooklyn Academy of Music. The label became a force in the recording industry by pioneering electronic music and world music, launching the ragtime revival and becoming a place where contemporary classical composers had a home. Now an industry powerhouse, Nonesuch still operates like an independent record company.

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