Hamilton Stars Play Their Final Broadway Performance- Will Prices Start To Fall Once Again?

Last night was the final performance for three Hamilton on Broadway stars.  Can you just imagine the electricity in the air at the Richard Rodgers Theater?  Three of the leads in the show that played in the roles of Alexander Hamilton, Aaron Burr and Eliza Hamilton have left the Broadway production last night.  They are the show's creator Lin-Manuel Miranda, Leslie Odom Jr. and Phillipa Soo.  The role of Alexander Hamilton will be played by Javier Munoz, who has been performing during weekend matinee shows for several months now.

In the audience were celebrities including Rosie O'Donnell, Jennifer Lopez, Jane Fonda, Spike Lee, Charlie Rose, Mariska Hargitay, and Secretary of State John Kerry.  Wow, it must have been wonderful to have not only caught a glimpse of these famous people but I understand that when the shows creator and star Lin-Manuel Miranda came onto the stage, that he was given an intense one minute long plus standing ovation.

Mr. Miranda's incredibly inventive show is the most nominated show in the history of Broadway.  Hamilton received 16 Tony Award nominations and won 11 Tony Awards at the 2016 awards presentation this year on June 12, 2016.  He won two of those awards himself for Best Score and Best Book of a Musical.  He also won a Tony Award for his first Broadway show called In The Heights some years back for Best Musical.  Hamilton also won this year's Pulitzer Prize and a Grammy for the music.

Hamilton's story line is about the interesting events that surrounded our nation's first secretary of the treasury.  Alexander Hamilton was the unlikely founding father who went from being a bastard, immigrant, orphan child to go onto become George Washington's right hand man.  He also was a loving husband who got caught in the country's first sex scandal as well.  His goal was to stop at nothing until he could make his mark on the newly created nation and to get the people to believe in the American economy.

Hamilton opened on Broadway on August 6, 2015 after previews began on July 13 last year.  The show was playing at the very small Public Theater Off Broadway earlier in 2015 and every performance was sold out.  When the show moved to its current home at the Richard Rodgers Theatre on west 46th street, I thought it would be much easier to get tickets seeing as how the theater has 1412 seats.  Boy was I ever so wrong.  Even after being in the ticket reselling industry for 39 years now it is amazing that I paid $100.00 a ticket to see the show and last nights performance cost upwards of $2000.00 or more (in the rear mezzanine).  Some orchestra seats sold for allot more than that.

Still, I always believe that the best thing for high prices is in fact- high prices.  I think this is because when the ticket buyers that paid a premium to see the big name stars like Mr. Miranda have seen the show, the prices have no where to go but downward.  Just this morning I noticed that ticket broker prices for Hamilton ticket inventory have gone down much lower than the last three months have been.  That's good news for so many theatre fans that simply were not going to fork over huge premiums to see Hamilton.  Thank goodness.

At my company Applause-Tickets, we have been trying to coach clients to buy tickets for many of the other terrific Broadway Shows at reasonable prices. In fact when tickets were selling for $2000.00 just to get in and sit in the rear mezzanine, we suggested that a theatergoer could go to see ten shows for the price of one Hamilton ticket.  Most clients have been seeing a few different shows deciding to wait to see Hamilton at a later date.  Some, of course, have paid unusually high premiums to see the show in the near term.

If you or someone you know would like to purchase Hamilton tickets or other Broadway Show tickets, we hope you'll consider a call to my team of local Broadway ticket experts at Applause-Tickets.  We're located in the heart of New York City's Broadway Theatre District and are open for business 24/7.  We love to talk about all the fantastic lineup of Broadway Shows and feel so fortunate to be able to get to see most of them.  What could be better than seeing a live Broadway Show?

Cheers to Hamilton and best wishes to the new Broadway cast members as well as to Hamilton's new production opening in Chicago in September 2016 as well as the planned London and touring productions set to begin in 2017.

I sincerely hope you enjoyed this post on Hamilton tickets.  Enjoy the theater my friends.

Rich Gladstone
President
Applause-Tickets
723 7th Avenue, Suite 902
NY NY 10019

Phone 212-307-7050 or 800-451-9930
Email me personally at rich@applause-tickets.com
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