The $8 million musical, which features Houdini in its cast of characters, will close after a disappointing run of less than two months at the Neil Simon Theatre. It will have played 57 performances.
"While we're saddened and disappointed to announce that Ragtime must close, bringing this beautiful and powerful production to Broadway has been a joyous experience," lead producer Kevin McCollum said Monday." We couldn't have asked for a more talented and dedicated company and creative team or a more passionate team of producers."
The ambitious revival opened Nov. 15 to generally positive notices but never took off at the box office.
UPDATE: Because an unexpected boost in ticket sales, Ragtime has been extended to January 10.
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