It was a sad day when New York City Opera closed its doors – but was it for good? In New York, two contenders are bidding in the hope of resurrecting the company. Whoever wins, deep pockets will be needed.

“Roy G. Niederhoffer is a forty-eight-year-old New Yorker who runs his own investment management company, R. G. Niederhoffer Capital Management, Inc. He’s a father of four and an avid amateur musician who plays violin in the Park Avenue Chamber Symphony. He is also a man with a gnawing ambition — to bring New York City Opera back to life. After seventy years in operation, the company closed its doors in October 2013, following a run of Mark-Anthony Turnage’s Anna Nicole, leaving in its wake a bankruptcy proceeding of some $30 million…”

Read Brian Kellow’s Opera News report HERE.