Hilly Kristal reportedly rolling in his grave…
By Perez Mills
The legendary name CBGB got tarnished down a few grades in terms of legacy shine this week when it was announced that the punk club’s assets have been purchased once again and that the new investors are planning on opening a new CBGB somewhere in downtown NYC. A music fstival is also being planned for July 5-8, spread across 30 stages of varying sizes, both indoor and outdoor; among the band names mentioned are the Cro-Mags, Sick Of It All, the Pains of Bing Pure at Heart, Guided by Voices, David Johansen and the Baseball Project.
According to the New York Times, “The new owners of the club’s assets – some with ties to the original
Bowery establishment – say they hope that the festival will revive the
wide-open artistic aesthetic associated with CBGB.”
Investor Tim Hayes is quoted as saying, “We’re never going to recreate that moment in time,” said Tim Hayes, one
of the investors. “We’re trying to continue the idea of supporting live
music, making a lot of noise and being a part of New York City. The
festival is one way we can do it. Eventually the club will be another
way we can do it.”
CBGB closed in 2006, setting off a series of legal upheavals that have included bankruptcies and lawsuits, ultimately leaving a bad taste in the mouths of anyone associated with the club.