According to the bulletin released on MySpace, they are looking to relocate in NYC, but have yet to find a place.
Here's the text of the bulletin:
Dec 7, 2005 10:23 PM
CBGB is closing... it's official
We are closing. Our landlord had neither the obligation nor the interest to give us a new lease when our old lease expired in August. Since then, we have been fighting a losing battle, trying to buy time, against our eviction.
Unless a miracle were to happen, or the landlord were to have a change of heart, we knew we were gong to close. We just didn't know when. Now we do.
An agreement has been reached... not to give us a new lease, but to give us time to find a new location.
CBGB is officially closing by October 2006. No postponements, no court dates, no appeals... that's it.
We are using this time to try and find a new location in New York.
The rumors of us trying to open in Las Vegas and/or elsewhere are true... but not what you may think. We are staying in New York and we are looking for a space in downtown Manhattan. We are not moving to Las Vegas or anywhere else. We are, however, looking at opening up a sister club elsewhere... perhaps a CBGB West. But the original CBGB, though it will have to move, will remain in New York.
I hope they can find a new place -- it would be sad to lose such an important rock and roll landmark altogether.
~~ crosses fingers ~~