Following a number of issues with the venue’s owners, Williamsburg nightclub Verboten’s lease is up for auction. Whether you want to turn it into a nightclub for cats or just keep it as it is, you have until 5pm tomorrow to place your bid. From Brownstoner:
The lease, currently under market at $25 per square foot, has 5 1/2 years remaining. Market value is believed to be $45-50 per square foot. For investors looking to capitalize on an existing audience, debtors right, title, interest, fixtures and equipment are included in the sale.
Head over here to place your bid.