Simplify the following text for a Grade 7 native English-speaking person.
Original: It houses the Sala SÃ # o Paulo , which has a capacity of 1498 seats and is the home of the SÃ # o Paulo State Symphonic Orchestra ( OSESP ) .
Simplified: Sala SÃ # o Paulo is big enough for an audience of 1.498 people . The orchestra that perform there is the Orquestra SinfÃ nica do Estado de SÃ # o Paulo ( Osesp ) .