08 May 2006

London's Wigmore Hall Evades Cash Crunch With 300-Year Lease

http://www.bloomberg.com/apps/news?pid=10000088&sid=a8Lh_ZwQ6Ayg&refer=culture

By Farah Nayeri [Bloomberg.com, 8 May 2006]

May 8 (Bloomberg) -- London's 105-year-old Wigmore Hall, one of the world's top chamber-music and recital venues, faced a cash crunch with a lease expiring in 2012 and the threat of doubled rent under a new owner. No longer.