BREAKING: Jay-Z's 40/40 Club "SHUT DOWN" After 20 Years
The 40/40 Club, the bar and lounge owned by American rapper Jay-Z, has closed its original location in the Flatiron District after two decades. The club called it quits at the end of July and plans to reopen at a new address next year, according to Andrea Thomas, a spokesperson for the company.
The lounge has hosted a number of high-profile events since opening in 2003: The rapper J. Cole held a mixtape release party there, and LeBron James celebrated his birthday in the lounge. In 2012, the venue reopened following a $10 million renovation that was intended to make it more competitive with newer clubs in downtown Manhattan at the time. “I wanted to retain the feel of a clubhouse, a relaxed place to interact with friends,” Jay-Z told Rolling Stone ahead of the reopening.
Over time, the 40/40 Club grew into a small chain of bars and restaurants. There were five at peak: The original in Flatiron, a sports lounge in Las Vegas, a club in Atlantic City, a bar at the Hartsfield-Jackson International Airport in Atlanta, and a restaurant at Barclays Center in Brooklyn. The Las Vegas location closed in 2008, a year after opening, and its Atlantic City club followed in 2013: A lawsuit claimed the company owed more than $115,000 in unpaid rent and other charges.
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