From the Times today, in an article titled Shock Greets Move to Close Amato Opera in May:
[T]his weekend a note from Mr. Amato was posted on the refrigerator in the offstage area at the company’s home in a small building on the Bowery in the East Village: he was shutting down the company after this season.
“Now, with Sally gone, I have decided that it is time for me to start a new chapter in my life,” the note read. “It has been a great 60-year run!”
In an interview on Monday, Mr. Amato said he had sold the building; the club CBGB was a neighbor for years before it, too, closed.
“I’m 88 years old, and I’m a little tired,” he said. “I have a few years left.” Mr. Amato said he might write his memoirs and wants to establish a foundation to give awards to young singers, conductors and directors. He also plans to study scores, especially Wagner’s.
Curbed has more details on the sale.