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History

The Schaefer Theater was a previously-abandoned locale near 59th Street and Palm Street in Manhattan acquired by Deadpool to serve as the headquarters of the Avengers Unity Division, as well as his new base of operations for himself and that of the Mercs for Money, and as a retail market for various merchandise sold to help fund the Avengers.[1]

The Schaefer Theater was heavy damaged by Ultron upon his return to Earth when he was confronted by Cable after Wasp determined he was not really Hank Pym.[2] Even though the threater underwent an extensive reconstruction,[3] Deadpool himself would eventually burn it down as part of his attempt to turn his back on the life he had built.[4]

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