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Austin360 blogs > Austin Arts: Seeing Things > Archives > 2008 > May > 02 > Entry
Update: Arts on Real loses lease
Arts on Real Theater has lost its lease on the East Austin property it has called home for the past five years.
The venue, at 2826 Real Street, is the permanent home of theater director Blake Yelavich’s Naughty Austin Productions, the primary presenter of shows at the theater.
Gary I. Currier, an attorney with Vack, Kiecke and Currier who is representing the property’s owner, LWR Family Partnership, LP, said Friday that the nonprofit theater organization’s lease was terminated effective May 1 and that his client has taken reposition of the property. Currier said he has been negotiating a renewal of the lease contingent on payment of back rent but that the theater had not made the payment by Thursday. Currier declined to disclose the amount of back rent the owner said was due.
Earlier this week, Yelavich and Arts on Real supporters had sent out a plea for money when a new lease was not offered on the former warehouse.
Catherine Tabor , an attorney with Tabor Law Firm, PC who said she was providing pro bono legal services to Arts on Real, said donors had pledged $15,000 by Wednesday in effort to secure a new lease. Tabor said she had “a small hope” that the property owner would still be open to negotiating new lease terms once the pledges had been collected.
Tabor said that Yelavich had added approximately $30,000 of improvements to the property over the five years he has occupied it.
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By Julie Holden
May 4, 2008 8:23 AM | Link to this
This is awful news. I still hold out hope that they can work something out, but it sure doesn’t look good. What a terrible loss for Austin’s theatre community.