Tom Kitt and Brian Yorkey's musical is set to close after 401 performances.
Colella plays Anne in the musical at the Richard Rodgers Theatre.
The honor was presented to the new musical on October 14.
Check out performances from Wicked, Rocky, and If/Then.
Catch stars Andy Karl, LaChanze, Justin Guarini, and more as they brave the sun to sing showtunes.
Norm Lewis hosted the show, which was presented by The Broadway League and United Airlines.
Tom Kitt and Brian Yorkey's new musical has been preserved by Masterworks Broadway.
The celebration for Tom Kitt and Brian Yorkey's new musical boasted a guest list that included Darren Criss, Michael C. Hall, and Maura Tierney.