Thursday, August 11, 2005

CBGB Wins!!

I'm rather stunned, and completely delighted to hear that a judge as ruled that CBGB's can't be evicted from its current location. The famous dispute between the club owner and the Bowery Residents' Committee concerns the payment of "about $100,000 in rent increases, interest and fees."

In her ruling, Judge Joan Kenney praised the impact the club has had on the area:

"CBGB has proven itself worthy of being recognized as a landmark -- a rare achievement for any commercial tenant in the ever diverse and competitive real estate market of New York City.

"It would be unconscionable for this court to allow petitioner to proceed with its intent to evict CBGB ... because it failed to notice that monies were outstanding for approximately four years,"

0 Comments:

Post a Comment

<< Home