Peter Gatien
Former Limelight Now Priced Up to $60 M.
New York Post.
47 West 20th Street.
Originally a church, later an infamous nightclub, and more recently the site of a planned mini-mall, the gothic 12,000-square-foot building best known as the Limelight is again headed for an uncertain future.
Nightlife veteran Steve Lewis reports for BlackBook.com that a deal between landlord Ben Ashkenazy and the New York Artist Series has fallen through.
Perhaps not surprisingly, either, according to Mr. Lewis:
The rent of $2.4 million a year seemed high to me, considering the negative history of the place...
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