He followed up yesterday with a Q-and-A with Heidi Grumelot, head of artistic development at Horse Trade Theater, which operates out of the Red Room and the Kraine and Under St. Marks theaters. The Red Room will close after March 31. The landlord has unspecified plans for the space.
On the possibility of moving the Red Room elsewhere:
We're looking. We're just looking. We've gone to see a few spaces already. Nothing's developed yet. We're definitely serious about where we can continue to afford to do this work. If anybody has space — and I know how silly it sounds to ask that in New York — we're on the hunt right now.
But will they stay in the East Village? "We've talked about different opportunities uptown or in Brooklyn, but when you think about it, this is where we've always been."
Meanwhile, the Red Room is closing out March with the Blaze of Glory festival... Find the March schedule of events at the Red Room here.