The producers of ''Nick & Nora,'' the musical production that was to have played the Mechanic Theatre in March, were within $750,000 of the $5.5-million budget when they decided to postpone the project until next year.
''It was very disappointing,'' said Hope Quackenbush, managing director of the Mechanic. ''It was a good project.''
Quackenbush suspects that the trouble lies in the economy. ''There just isn't that much risk money out there,'' she said.
''Nick & Nora'' is based on Dashiell Hammett's ''The Thin Man'' and was to have starred Barry Bostwick and Joanna Gleason. Arthur Laurents did the book and Charles Strause (music) and Richard Maltby, Jr. (lyrics), the score.
''I suspect that part of the reason the show was postponed is that a show has got to make it to New York in time to qualify for the Tonys, and it looked as though 'Nick & Nora' wouldn't. You need those Tonys for a big musical.''