I review the classical and quantum properties of the (2 + 1)-dimension
al black hole of Banados, Teitelboim and Zanelli. This solution of the
Einstein field equations in three spacetime dimensions shares many of
the characteristics of the Kerr black hole: it has an event horizon,
an inner horizon, and an ergosphere; it occurs as an endpoint of gravi
tational collapse; it exhibits mass inflation; and it has a non-vanish
ing Hawking temperature and interesting thermodynamic properties. At t
he same time, its structure is simple enough to allow a number of exac
t computations, particularly in the quantum realm, that are impractica
l in 3+1 dimensions.