News from Variety:

The Provincetown Playhouse has gotten a last-minute reprieve. NYU had announced plans to demolish its MacDougal Street address, but public outcry over the decision spurred the school to revise its plans. Now, renovations will preserve the theater's facade and walls, but NYU will go ahead with the decision to bring down the rest of the building.

The new proposal would redo the inside of the theater, while keeping the proportions and "integrating into the future plans relevant historical features" like the seats, which date back to the 1920s. The new building, slightly taller than the current structure, would be go up around it.

Brad Hoylman, chairman of Community Board 2, which includes Greenwich Village, SoHo and Little Italy, said: "It represents that N.Y.U. is listening to the community, frankly. The theater will be restored and will be an active theater." He called the plan a "brilliant compromise." But Andrew Berman, the executive director of the Greenwich Village Society for Historic Preservation, a group that gathered signatures asking for preservation of the building, said that questions remain.