From NME:
CBGB is set to close its doors for the final time on Halloween 2006. The legendary New York music venue, the cradle for the '70s punk scene and launch pad for bands such as The Ramones and Talking Heads, announced the agreement with its landlord yesterday (December 7). The deal with the Bowery Residents Committee (BRC), who own a 45-year lease on the property at 315 Bowery, seemed impossible following the expiration of the previous lease on August 31. However, Mayor Michael Bloomberg's office interceded and helped reach an agreement which avoided a potentially bitter court battle.
...Kristal must now leave the venue by October 31, but the proprietor has revealed that he is already looking for a new venue. Other sites in lower Manhattan are being visited by Kristal with a view to reopen CBGB once the new deal expires, and a month of closing celebrations are expected at the old space. Kristal has also revealed that he is considering opening a branch in Las Vegas and is unconcerned about creating the ambience of the original CBGB. "Things are different all the time - look at the 70s, the 80s, the 90s," he said. "The most important thing is we're keeping the integrity of CBGB. It won't be exactly the same, but it will have the same ingredients."
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Good to know I'll still have a place to watch lousy rock bands and pay $7 for a Dos Equis.
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