In 1964, Andre Gregory took over from the Ramseys as artistic director. The theatre proved to be a critical success, presenting 10 productions per season, all to high praise. Some troupe members included: Danny DeVito, Judd Hirsch, Sally Kirkland, Ron Leibman and Morgan Freeman. In 1967, a dispute with the board of directors resulted in Gregory leaving the theatre on February 17, 1967. At this time, the theatre was taken over by a new firm and christened as the "Bandbox Living Arts", a beatnik house. The theatre saw a decline in popularity and closed in 1969 due to financial issues.