The New York City Opera filed for Chapter 11 on Thursday . ` ` The People 's Opera '' was founded on the idea that every New Yorker should have access . ` The odds have been against us for a long time , but in the face of that difficulty we have made tremendous progress , '' George Steel , general manager and artistic director for the company , said in a video for the failed online campaign . For the company to break even , all performances would have to cost $ 600 each , its GM says . The company ` ` did not achieve the goal of its emergency appeal , '' a statement says .
The New York City Opera filed for Chapter 11 on Thursday . ` ` The People 's Opera '' was founded on the idea that every New Yorker should have access . For the company to break even , all performances would have to cost $ 600 each , its GM says . The company ` ` did not achieve the goal of its emergency appeal , '' a statement says .