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For years, Manhattan artists have been fleeing to the outer boroughs, chasing the ever-receding rainbow of affordable rent. The artistic community on E 4th St, however, is still vibrant. In 2005, Mayor Bloomberg designated the area as an official Cultural District, and sold eight properties to various arts organizations for one dollar each, including the New York Theater Workshop, La MaMa and the Nuyorican Poets Cafe. Tonight's party in the penthouse of the Cooper Square Hotel benefits the so-called Fourth Arts Block, with performances by Sidra Bell Dance, palm readings, a fortune-cookie raffle, a silent auction and hors d'oeuvres from Faustina. (Tickets can be purchased online only.)
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