Jay-Z’s 40/40 club in Atlantic City had already closed due to it’s lease running up in October; the damage from Hurricane Sandy pretty much solidified its demise. From Press of Atlantic City:
The $4 million, two-level facility co-owned by hip-hop superstar Jay-Z closed in October, said Cristin Bentz, assistant general manager for Tanger Outlets The Walk.
“Our leasing team is actively and diligently working to bring a great new tenant into the space. Stay tuned,” Bentz said.
Ron Berkowitz of Berk Communications in New York, the 40/40’s spokesman, said the club’s lease ended in October, the same month that Hurricane Sandy hit, causing tremendous water damage inside the club. The club has not been operational since then.
“There was a big hole in the roof as well,” Berkowitz said Wednesday. “With the end of the lease and with Sandy, we decided we had a great run, and it was time to move on.”
The 40/40, located at Mississippi and Atlantic avenues in front of Caesars Atlantic City, made a splash on the local nightclub scene when it opened in October 2005.
