NIGHTCLUBS FOR SALE
No sooner than comedy magician Amazing Jonathan moves into his new Harmon Theater at the Krave Nightclub in Planet Hollywood’s Miracle Mile, and now the owners have decided to sell. There’s a $6.2 million pricetag on the property—but AJ is safe with his 12-month contract for the space! I’m presuming that the Lucky Cheng’s Drag Cabaret restaurant that also headquartered there are safe too.
The sale comes in the midst of a whole flurry of Vegas nightclub headlines and news. Krave, with its upscale bar, and dance scene has one of the largest dance floors on the Strip, able to hold 1500 party-going patrons. AJ’s Harmon Theater seats an additional 450 audience members. The nightclub has played host to such stars as Sir Elton John, Drew Barrymore and supermodel Naomi Campbell.
Located directly across the Strip from MGM’s ongoing construction of the massive up-market City Center project, the Krave nightclub and Harmon Theater is on prime property at center Strip. For those real estate readers amongst us I’ve been told reliably that the neighboring Asia restaurant nightclub is also for sale—but priced somewhat lower! Asia is the property, owned by a New York nightlife entrepreneur that the Jackson Brothers have been negotiating with for a new show there. It’s currently open as a nightclub Friday and Saturdays at 10 p.m. and available for corporate events but contrary to rumors it is not closing.
