The New York Times reports that people involved with the original CBGB plan to throw a multi-venue festival in NYC this summer and hope to eventually re-open the club in a new space. From the article:
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, which in its heyday served as an incubator for influential acts like Television, the Talking Heads, the Ramones, Blondie, Sonic Youth and Patti Smith.
“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.”
The CBGB brand’s value is somewhere in the millions — Hayes bought the rights from CBGB founder Hilly Kristal’s daughter, Lisa Kristal Burgman, a while ago — and his investment group hopes to buy a building so they won’t have to be a tenant. Another interesting detail:
The new club, if and when it opens, will have most of the trappings of the shuttered club at its disposal: A theatrical company dismantled and itemized everything from the bar itself to set lists and put it all in storage in Williamsburg, Brooklyn.
Among the artists confirmed for the CBGB Festival so far: Guided by Voices, The Pains Of Being Pure At Heart, Cloud Nothings, The Cro-Mags, Vision of Disorder, Sick of It All, Craig Finn, and David Johansen.
Currently, the former CBGB space houses a John Varvatos store.