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Wanna Buy a Club?


jdp33

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its not going anywhere

they just re-did the basment for that gay warehuse party..down-stairs,

so i dont think they plan on leaving in the next few years...

but this is manhattan

and people who own buildings always keep them on the market cause u never know.........

i knew somone who opened a venue in 1994, small space, held maybe 600 heads, in 2002, he sold the same building for TWICE the amount he paid for it, and i think he paid. 2.5 mill and it sold for like 9.5.........nice huh? lol

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Damn that is impressive profit

But the only reason I figured it was on the market since they had a rent amount there and not just a building price.

I figure 2.5 mil is a small amount for that much space anyway in manhattan and the 2.5 is to just buy out the equipment name and bs like that.

According to the shelter website the warehouse party is no more created some drama i guess with the shelter heads which strikes me as weird since shelter heads are usually pretty open to anything

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Originally posted by oldschoolny

I figure 2.5 mil is a small amount for that much space anyway in manhattan and the 2.5 is to just buy out the equipment name and bs like that.

actually, its $2.25 million

and you dont own the space....you still need to pay rent for over $30k a month

Filter looks like a much better deal.

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