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Brooklyn Mirage Sale Approved, Site Will Reopen This Summer

After a battle in bankruptcy court, there's a new life on the horizon for the Brooklyn Mirage, as global nightlife brand Pacha is set to take it over and reopen it as Pacha New York this summer. FIVE Holdings, the Dubai-based company behind Pacha, has brokered an agreement with Axar Capital Management to take "full operational management" of the Mirage and its sister venue The Great Hall after the venues' parent company, Avant Gardner, filed for bankruptcy.

Business

#brooklyn-mirage

fromBloomberglaw

1 day ago

Real estate

Brooklyn Mirage Owner, Creditors Strike Deal to Reopen With Pacha

The Brooklyn Mirage will reopen as Pacha New York in June under a long-term operation agreement with Axar Capital, enabling a bankruptcy plan to proceed.

fromBrooklyn Eagle

1 day ago

Brooklyn