The company has staged 31 seasons and "built a reputation for recovering overlooked theatrical treasures and commissioning new works about the city's history on a small stage upstairs from the Connelly Theater in the East Village," as American Theatre first reported.
Citing changes in the theatre's economic and operational foundations, producing artistic director Alex Roe said in a statement: "Metropolitan has accomplished far more than we might have dreamed in these three decades. We have shone a light on scores of forgotten gems of American theatre to reflect on our contemporary culture and premiered hundreds of new works celebrating our neighborhood. Ultimately, we have reached the limits inherent in a company of our small size, and it is time to draw the curtain on a wonderful run."Founded in 1993, Metropolitan Playhouse started staging production from a 51-seat theater at the Cornelia Connelly Center between Avenue A and Avenue B in 1997. Roe introduced several series reflecting the neighborhood's history and residents, including the Alphabet City monologues and the East Village Chronicles.