850 seat, Upper West Side location recently overhauled.

Metropolitan Talent Presents has signed an exclusive booking deal with the New York Society for Ethical Culture to book shows at the latter’s home on New York’s Upper West Side.

The 850-seat, 95-year-old concert hall overlooking Central Park recently underwent $1.5 million in renovations. Metropolitan co-CEO John Scher says the deal ends a long-existing need for an intimate concert hall in New York.

The first show under the deal will be a June 23 concert by guitarist Robert Fripp, known for his work with King Crimson, Brian Eno, David Bowie, and others. Tickets go on sale Saturday, May 21.

Led by music biz veterans Al Cafaro and Scher, Metropolitan Talent is a multi-faceted entertainment company that includes artist management, theater and television production and concert promotion divisions, as well as the Hybrid Recordings label.

Scher is now free to promote concerts again after a judge terminated his non-compete clause with Clear Channel Entertainment (Billboard.biz, March 21).

"As I sort of re-emerge with our concert division we're examining all of the opportunities that are out there," Scher tells Billboard.biz. "I think in the entire music industry there are probably more opportunities than there have been in maybe 20 years. There are some seismographic things that are happening that are reshaping the industry, and I think that one of the winners will be independent regional promoters who keep their eyes on their markets."