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#OnThisDay, the Morosco Theatre opened in 1917 in Times Square in a moment where it seemed as if the theater bubble would never burst. But the Depression Era was not kind to Broadway: many theaters near the Morosco were converted to movie houses, turned to burlesque, or closed. 
As stars who had made a name for themselves onstage left New York for Hollywood’s silver screen, institutions like the Morosco had less and less leverage to justify their existence in the face of developers’ forceful attempts to redevelop the Times Square area.
The Morosco Theatre, along with the Bijou, Helen Hayes, Astor, and Gaiety Theatres, were victims of the “Great Theatre Massacre of 1982” in which several historic theaters were demolished to make way for a 50-story hotel.
