The Michael Schimmel Center for the Arts is the principal theatre of Pace University and is located at the university's New York City campus in Lower Manhattan. The 750-seat Michael Schimmel Center for the Arts is home to the television show Inside the Actors Studio hosted by James Lipton and previously the home of the National Actors Theatre, a theatre company founded by actor Tony Randall who was in residence. The National Actors Theatre was the only professional theatre company housed in a university in New York City.