Theatre Alley is a block-long cobblestone alley in Manhattan's Financial District between Nassau and Centre Streets. It is one of Manhattan's few alleys that is not privately owned, and prior to construction adjacent to the alley c. 2010, it was "dank and claustrophobic".
The alley was named for adjacent Park Theatre, which burned down in 1848. According to Forgotten NY, it was New York's first one-way street, created to alleviate traffic jams caused by horse-drawn carriages arriving at the theater.
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