Remember that about a year and a half ago in October of 2004 the Los Angeles Board of Education approved a plan to scale down all the sprawling district's secondary schools and even smaller schools from 350 to 500 students ideally.
The salvation of the theaters of the former Great White Way was always a promised but ambiguous add-on to the state and city's large-scale redevelopment schemes for the Times Square area, clearly secondary to the size of the real estate deals to be made.