french_disko Posted September 2, 2005 Report Share Posted September 2, 2005 http://www.nme.com/news/113570.htm Quote Link to comment Share on other sites More sharing options...
Guest DustyDeviada Posted September 2, 2005 Report Share Posted September 2, 2005 Having had the pleasure of taking in one of the wildest, most rock n' roll nights I have ever experienced there with Alan Cynic in July, I for one will be backing any campaign to ensure it stays open. Quote Link to comment Share on other sites More sharing options...
Alan Cynic Posted September 2, 2005 Report Share Posted September 2, 2005 *sniggers* Quote Link to comment Share on other sites More sharing options...
jimr Posted September 2, 2005 Report Share Posted September 2, 2005 As I understand it, its not so much under threat as dead in the water.http://news.yahoo.com/s/ap/20050901/ap_en_ot/music_cbgb_s_lease Quote Link to comment Share on other sites More sharing options...
Alvin Starclusk Posted September 2, 2005 Report Share Posted September 2, 2005 Quote Link to comment Share on other sites More sharing options...
Stephen Posted September 2, 2005 Report Share Posted September 2, 2005 love that picture Quote Link to comment Share on other sites More sharing options...
Guest DustyDeviada Posted September 5, 2005 Report Share Posted September 5, 2005 Wow, kinda glad I didn't go to the toilet there now. Quote Link to comment Share on other sites More sharing options...
Free Korps Posted September 5, 2005 Report Share Posted September 5, 2005 I'm going on Sunday night to see J Mascis from Dinosaur Jr. Quote Link to comment Share on other sites More sharing options...
french_disko Posted September 5, 2005 Author Report Share Posted September 5, 2005 I've pissed in that toilet!!!And, of course, we couldn't pass up the chance to take a photo of me doing so. I bottled out of sitting on it though. there's a bit of graffitti on the wall to the left of th toilet (when facing it) that says "this toilet is worse than the one in Trainspotting". Quote Link to comment Share on other sites More sharing options...
Flash@TMB Posted September 5, 2005 Report Share Posted September 5, 2005 The problem is that their rent is $19,000 per month. That's 10,313! This is for a place that's only slightly more spaceous than The Moorings. They would have to sell approx 700 worth of alcohol a day, or in the region of 5,000 per month just to pay the rent. That doesn't take account of their staffing costs, taxes, booking fees, heat, light, power, insurances, maintenance (ho ho ho), and everything else that's associated with running an establishment of this sort.I'd say they'd done well staying open this long. Quite frankly that's mission impossible. In order to make any money they have to be operating at close to capacity all the time.IMO the city of New York should buy the building from the landlord and gift it to the club as an award for services to global culture. But fat chance of that. Quote Link to comment Share on other sites More sharing options...
Guest DustyDeviada Posted September 6, 2005 Report Share Posted September 6, 2005 Kind of amazing that the rent is so high in such a skanky area. How come other local bars seem to survive? Quote Link to comment Share on other sites More sharing options...
Craig B Posted September 6, 2005 Report Share Posted September 6, 2005 They surely could just move someplace else. You could say it wouldnt be the same, but after a couple of years it probably would be.The rent's so high because they want CBGBs out of the place, probably.And the city would e unlikely to buy it becasue it is almost bankrupt. Again. Quote Link to comment Share on other sites More sharing options...
Flash@TMB Posted September 6, 2005 Report Share Posted September 6, 2005 Kind of amazing that the rent is so high in such a skanky area. How come other local bars seem to survive?That's the problem with leasing. There is always an upwards only review clause and this is always worded in such a way to slightly outpace inflation and market conditions. Over a long period of time this enables the landlord to screw the leaseholder by gradually cranking the rent out of all proportion. The leaseholder is then forced to find a way to pay, move, or close down. Thirty two years is a very long time, and this is a very good example of that phenomenon. This landlord reallty has been milking the golden cow for all it's worth.The other bars have probably all changed hands several times, and thus their rent has been rebased back to normality, or never even had a chance to grow beyond it in the first place. Also the landlord will be more likely to crank the rent hard if it suspects the place is busy, or it looks like it's in any danger of making money. Lot's of decent places have been forced to close for this reason; the operator working long and hard to build up a jumping trade only to be forced to hand all their hard won spoils over to a greedy landlord.***My suggestion was that the city buy the building and gift it to the club, not that the city buy the club. Quote Link to comment Share on other sites More sharing options...
french_disko Posted September 9, 2005 Author Report Share Posted September 9, 2005 The eviction notice has been served - http://www.nme.com/news/113646.htm Quote Link to comment Share on other sites More sharing options...
Jim Stax Posted September 9, 2005 Report Share Posted September 9, 2005 The problem is that their rent is $19' date='000 per month. That's 10,313! This is for a place that's only slightly more spaceous than The Moorings. They would have to sell approx 700 worth of alcohol a day, or in the region of 5,000 per month just to pay the rent. That doesn't take account of their staffing costs, taxes, booking fees, heat, light, power, insurances, maintenance (ho ho ho), and everything else that's associated with running an establishment of this sort.I'd say they'd done well staying open this long. Quite frankly that's mission impossible. In order to make any money they have to be operating at close to capacity all the time.IMO the city of New York should buy the building from the landlord and gift it to the club as an award for services to global culture. But fat chance of that.[/quote']All too familiar. Think I'll pop over and tell em how its done! Quote Link to comment Share on other sites More sharing options...
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