Crain's New York Business is reporting that Props for Today is expected to file for Chapter 11 bankruptcy protection in the next week or so. The 28-year-old prop house supplies furnishings for productions like 30 Rock and Saturday Night Live. The impending bankruptcy was disclosed in a bankruptcy filing by Props for Today’s parent company, Interieurs Inc, on Tuesday. Another of Interieurs’ companies, Props for Yesterday, is also expected to file for bankruptcy protection soon. The companies' owner cites the decrease of filmmaking and television in New York, escalated by the loss of the state tax incentives. The company hopes after Chapter 11 to emerge as a healthy company.
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The NY tax fiasco is also partially behind the decision to cancel Life on Mars, and if Ugly Betty doesn’t come back either, that’ll be why.
Couldn’t happen to a nicer person. She deserves it.
Current employee. Props For Today is a live and well and as strong as ever. In fact, I just came back to PFT after a gig on the West Coast because it is such a GREAT company!!