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Friday, February 18, 2005
CBGB may close due to rising real estate costs
CBGB may close due to rising real estate costs: "The legendary club that played a central role in careers of countless punk and new wave acts -- Blondie, The Ramones, Patti Smith -- may close. The culprit: rent hikes throughout the surrounding Bowery 'hood. I smoked many an unfiltered cigarette at CBGBs when I was a teen. We used to always try to exhale through our nose piercings. Good times. Link to blurb on aversion.com which references a Village Voice article I can't find. Here's a related story in the NYT (site reg required): Link. CBGB, as The Village Voice reported this week, is facing a lease renewal in August, and its landlord has nearly doubled the rent, to about $40,000 a month, said Lisa Kristal, a lawyer and the daughter of Hilly Kristal, who opened the club in 1973."
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