This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Laugh Boston, Laugh! Improv Asylum Unveils New Comedy Venture

Over the past few years, and, as theater operators and performers, the Laugh Boston ownership team noticed a dearth of stand-up venues in Boston in the mid-level range. While there are a few remaining clubs in the 100-150 capacity, there remains a gap with no mid-range club. Because of that gap, the comedy scene has suffered greatly. A good portion of national names, and certainly regional and local stars, do not have the ability to "sell" a larger theater. As a direct result of the gap in Boston's market, the performers are forced to work in other cities and industries, such as convention appearances and cruise ships.

There is an extremely strong market for matching incredible talent with mid-size audiences at a reasonable price point.

The new $800 million Convention Center opened in 2004 and is attracting an estimated 1.1 million conventioneers annually.  Thousands of new office workers and residents are adding to the mix in the Waterfront District. Manulife Financial's 500,000 sq ft U.S. Headquarters (now merged with John Hancock) building is next to the new Marriott Renaissance Hotel.  The one million sq ft Seaport East and West Office Towers are nearly 100% leased with Fidelity's World Headquarters as the anchor tenant. The 793-room Westin Hotel (plans are already in place for a 500-room expansion) has joined the Seaport Hotel and the new Marriott Renaissance to bring the total number of hotel rooms in the immediate area to over 1800.

With over 30 million square feet of proposed mixed-use development either open, under construction, or in the planning phases, the redevelopment of the Boston Seaport area is one of the largest urban developments in the country and the area is well on its way to becoming a vibrant 24-hour neighborhood.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs