Theatre Republic, 1900.

Theater mogul Oscar Hammerstein I opened this venue with a Venetian facade as the Theatre Republic in 1900. In 1902, its manager and theatre impresario David Belasco leased the building. He renamed the theatre after himself. When Belasco took over full operation of the venue, he undertook major work, installing an orchestra pit, a new lighting system and a modern stage with trap doors through which scenery could be hoisted. In 1910, Belasco's Stuyvesant Theatre on 44th Street took over the Belasco Theatre name, while this one returned to the name Theatre Republic.

By 1931, the theater was once again renamed, this time as Minsky's Burlesque, Broadway's first burlesque house. Upon the ban of burlesque shows in 1942, it became "The Victory," a second-run movie house. Just as it set the stage as a place to indulge vices of the 1930s, in the 1970s the venue became the first porn theater on 42nd Street.

The Victory cleaned up its act in the 1990s, and the stage was "once again graced by legitimate theater." It opened with the plays "Crowbar" and a production of "Romeo and Juliet."

The Victory was acquired by the City and State to become part of the 42nd Street Development Project. The theater reopened as The New Victory Theater in 1995.