paying rent on broadway

i've always wanted to know this, so here tis:

"The economic incentives are strong [on broadway] if, by some standards, relatively modest. The minimum Broadway salary negotiated by Actors Equity is $1,465 a week for 2006. (Off Broadway is substantially lower.) But established actors in supporting roles can make as much as $300,000 a year, and stars, several times that. A long run has a significant impact on matters like pension, 401(k) and health insurance.

“One of the first things other actors say to me,” said George Lee Andrews, who has been in “Phantom” since it opened in 1988, the longest run of any of the show’s performers, “is, ‘Your pension must be terrific.’ ” "

interesting, they mention victoria clark and felicia p. fields as well. the practical aspects of theater is so interesting - you rarely hear about it.

article here