Newly named Theater 555, a 160 seat off Broadway theater located at 555 West 42nd Street (bet. 10/11 Avenues), will be owned and operated by longtime off-Broadway and Broadway producer Eric Krebs (John Houseman and Douglas Fairbanks Theaters on 42nd Street). The location was the home of the Signature and Pearl Theater Companies, and its most recent tenant was the New York arm of Upright Citizens Brigade.

Theater 555 will be available for rentals and other events. Visit www.theater555.com