EMM Group, of popular hotspots Abe & Arthur's, Catch, SL, and Lexington Brass, are facing a lawsuit after an investor claimed they misappropriated funds. The investor, Gregory Struck, is accusing Eugene Remm, Mark Birnbaum, and Michael Hirschtein of fraud and "breaching their respective fiduciary duties to their investors."
According to the lawsuit, in 2008 Struck invested 1 million in exchange for 13 shares during the groups venture of Abe & Arthur's. As the restaurant gained popularity Struck began receiving regular checks totaling $700,000 in the first year. As time went on the check amounts started to dwindle until eventually they stopped altogether in 2011-- coinciding with the time frame that plans for Catch were announced. Leaving Struck to believe they used profits from Abe & Arthur's to start another business instead of paying out to investors. Stuck also believes the group underhanded him by kicking him out of the company for "violating terms and conditions of his investor agreement" when he attempted to recruit an EMM employee for one of his own ventures. Even though he claims he made it clear to EMM that he planned on starting his own venues eventually.
He also claims the remainder of his investment, $300,000, was never returned as promised. Struck is seeking damages as well as compensation for the fair market value of Sutol. He is also asking for restoration as an investor in the company and demanding that a receiver replace Birnbaum and Remm as fiduciaries of the company.
As big fans of EMM Group, we hope this gets settled peacefully!
Musings have run rampant the past few days concerning the potential unveiling of EDCNYC (Electric Daisy Carnival). Preliminary sources are claiming the fest is indeed stopping our way the weekend of May 18th. Metlife Stadium (New Jersey) is the supposed staging ground for the three day cacophony of electro/dub madness.
If last year’s line-up is any indication, electro posterboys David Guetta and Skrillex could potentially grace the stage once again. EDC typically amasses a crowd over a 100k strong, so come May, the bass drops could potentially be reverberating through us all.
Only time shall tell, but an official announcement seems imminent—as the proposed date is less than 3 months away!
Family of Steven Greenberg confirmed late last night that the nightlife mogul passed away Saturday after a battle with lymphoma. Throughout his extensive career he partnered with Ian Schrager, and co-owned hotspots such as the Palladium, The Roxy, Gramercy Park Hotel, and the ever-popular 230 Fifth lounge in NYC's Flat Iron district.
Greenberg was known for his multiple endeavors from dabbling in publishing with Fame magazine from 1988-1991, to a "scandal" with a carpet cleaning business. He even put the late Whitney Houston on the cover of Fame magazine during a time when celebrities (let alone African American ones) were seldom put on magazine covers. Nevertheless, the gamble paid off and the issue sold huge numbers.
Apparently there was a rich boy spat at Manhattan's Double Seven club over the weekend. According to witnesses the fur started flying after Pierre Casiraghi (also known as Grace Kelly's grandson) and Greek shipping heir Stavros Niarchos III (otherwise known as Paris Hilton's ex) showed up to former NYC nightclub owner, Adam Hock's table, started boozing on his liquor, and being heathens to Hock's lady guests. Hock, who was there with friends, Joel Warren, Jeffrey Jah, and models Valentina Zalyaeva, Natasha Poly and Anja Rubik, didn't appreciate the boys' behavior and showed them some tough love.
After a long battle, Juliet Supper Club surrenders from their fight to stay open after the landlord filed a complaint for eviction. The club has been closed for the past three weeks due to many disreputable acts that have taken place in the club. The celebrity hot-spot opened back in 2009 and since then has entertained various celebrity types.
After receiving their liquor license approval just over 2 weeks ago, Le Baron, the much anticipated club from French nightlife mogul, Andre Saraiva, officially swung open its doors this past Friday. After two years of speculation, Le Baron, located at 22 Mulberry is a reality.
This is the 4th installment of the club which already has three ultra exclusive sister locations in Paris, London, and Tokyo. The project has been in the works since March 2010, and eager New Yorker's have been following all its rumors, trials and tribulations.
It's the ultimate house party and it's our pleasure to introduce you to the new Mansion 360. The 40,000 square foot Miami mega-club was recently redesigned from floor to ceiling with unprecedented lighting and sound systems and an edgy new façade. The city of Miami Beach even declared Saturday, January 21st "Mansion Day" as the club reopened its doors to kick off a two day electro-fest deemed "Deadmau5 unhooked."
True to the new 360 concept, the DJ booth has been relocated to the center, promising guests a great performance no matter where they are on the dancefloor. Mansion goes beyond simple bottle service with the new VIP scene, complete with a full private bar with ample tables and seating, all in the shadow of world-renown DJs.
Remarkably, just one day after Jay-Z's all-star grand reopening bash, the $10 million newly renovated club was shut down due to health violations. The Health Department marked the venue with 69 violation points, including failure to keep food at the appropriate temperatures and staff cleanliness (ew!).
You'd think after dishing out all that dough to make this place high-class, HOV could afford to hire a good staff and proper utensils to handle food, but apparently not.
However, TMZ reports that the violations were merely due to a fridge that broke prior to the inspection. Alas, who knows the true tale? Luckily - this swanky sports club reopened the folllowing day and is now pending review from the Department of Health.
Seems like the troubled new spot, Ludlow Manor, just can't catch a break. Last Wednesday, the owners faced a hearing before the State Liquor Authority following the Community Board 3 complaints of “multiple misrepresentations” by the owners, which include Georgie Seville and allegedly Lady Gaga's ex Luc Carl. According to Blackbook, a $10,000 fine was assessed.
Ludlow Manor was approved for a ground-floor liquor permit last fall. However, they did not receive a permit for the second or third floors (though rumors are they were serving liquor illegally on both floors, leading to complaints by CB3.) Another curveball was thrown in court when the club's attorney said Carl was not actually an owner, and anyone claiming such was “making an erroneous statement.”
In light of the recent crimes, including murder, drug use, and fights, Juliet Supperclub may be getting the boot from its Chelsea location. After two murders late last year, the landlord has had enough and filed to evict the rowdy club. The notice, filed November 18th, stated Juliet had breached its lease by allowing “a culture of lawlessness and violence” to ensue.
In September 2011, a man was stabbed outside the club, but according to a Juliet spokesperson the victim was not a patron. Two months later in late November, a man opened fire inside the club and shot and killed one man while injuring two others.