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New York Post: It’s fade to black for Manhattan movie palace the Ziegfeld theater. The iconic venue at 141 West 54th Street is to be reborn as a high-end event space. The new Ziegfeld Ballroom will be a mecca for society galas and corporate events, opening in fall 2017. The Ziegfeld theater, opened in 1969, is Manhattan’s last remaining large single-screen showplace, with 1,300 seats.