NYC Landmark Closing: Lenox Lounge To Close Due To Rising RentsBy Marhgil Macuha on Dec 9, 2012 in Business, United States •
A New York City landmark is closing by the end of this year, international news sites reported on Sunday, December 9, 2012.
According to reports, Lenox Lounge, a jazz club located in Harlem will be closing on December 31, 2012 due to rising rents. It reportedly opened its doors in 1942.
Reports said that its owner, Alvin Reed, has not really made a profit from the club, so when the landlord decided to double the rent to $20,000 per month, Reed just decided to close it.
The space is reportedly to be taken over by Richard Notar, a managing partner at Nobu Restaurants. Notar plans to keep the bar with live music, however, he has not negotiated with Reed yet to use the Lenox Lounge name for his business, reports said.
Lenox Lounge was said to be a NYC landmark because it became host to popular performers like Miles Davis and Billie Holiday.
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