On August 28, 2018, Playhouse 22 officially dedicated the theater at the East Brunswick Community Arts Center, the Elliott Taubenslag Theater.
Named in his honor, Elliott was one of the founders of the East Brunswick Community Players, founder and director for 50 years of the East Brunswick Children's Summer Theater Program, and well-respected educator at East Brunswick High School.  

He wrote and produced numerous off-Broadway productions and was the subject of a film documentary. 

Amongst Elliott's students, include many successful artists including an Emmy Award winner, a Grammy Award winner and a Tony nominated lyricist.