Studio 54’s location in mid-town  Manhattan (NYC) has undergone a number  of transformations.  It opened in 1927 as an opera house with a 16-story office tower on the upper floors. The opera house closed after two years and changed hands several times until CBS bought it in 1943 for a radio and television stage called Studio 52.  It housed the television shows What’s My Line,  Password, The Jack Benny Show, Captain Kangaroo and the soap opera Love of Life until CBS moved its broadcast operations  to the Ed Sullivan Theater in 1976. In 1977 Steve Rubell and Ian Schrager transformed the theater into the nightclub Studio 54. The new club  incorporated existing television sets, lighting and fly space to create a dynamic, ever changing environment  that catered to the arts, entertainment, and fashion stars and mavens. It became the night spot to go to hob-nob with the elites. Studio 54 closed in February of 1980 with the arrest of Rubell and Schrager on tax evasion charges. It reopened in 1981 and  underwent several management and name changes.  In 1998 it  reopened as the Roundabout Theater with continuous theatrical productions.  The former VIP room of Studio 54, since 2012,  became the famed supper club Feinstein’s 54 Below, where star entertainers and musicians can be heard performing nightly.