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Updated 01/31/2012 03:09 PM

Signature Theatre Opens New Performing Space

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A new nonprofit theater center billed as the city's largest is now open for business on Manhattan's far West Side.

Mayor Michael Bloomberg joined theater leaders and other city officials Tuesday for the official opening at the new Pershing Square Signature Center on 42nd Street between Ninth and 10th Avenues.

The complex designed by famed architect Frank Gehry features three theaters, studios, and a cafe.

Signature Theatre Opens New Performing Space

Its namesake - the Pershing Square Foundation - donated $25 million to the project.

The donation will help it keep tickets prices at $25 for every show over the next 10 years.

"It's an out-of-body experience. It's remarkable to see people populating it. It's a dream come true," said Founding Artistic Director James Houghton.

"I think there's a real danger for the theater that if we don't figure out how the next generation gets to come, it won't stay vital," said actor Edward Norton.

Speaking to reporters at the event, Mayor Bloomberg said aside from providing inexpensive tickets, the theater company will help continue the resurgence of the city's West Side.

"It's really going to bring more people, more growth and vitality to this community," Bloomberg said.

Athol Fugard's "Blood Knot" begins previews Monday in the theater's jewel box space.

The season will also include works by Pulitzer Prize-winning playwright Edward Albee, up-and-coming writer Katori Hall and more.

For more information, visit www.signaturetheatre.org.