The Majestic Theatre opened in 1927 and was the last of six theaters built by the Chanin Brothers. It was the largest Broadway theater of its day, with 1,800 seats, and was primarily used to house musical comedies and revues.
The theater was purchased by the Shuberts during the Great Depression and has been part of the organization ever since. The building's interior and exterior were designated as New York City landmarks in 1987.