Jay -Z opened the location in 2003
The popular bar and lounge 40/40 Club, owned by rapper Jay-Z, has closed its Flatiron District location after 20 years. The rapper opened the sports lounge in 2003.
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.
On the venue’s website, visitors are greeted with the following message:
“We are currently closed but will reopen at a new location in February 2024. The 40/40 Club is named after one of baseball’s most prestigious achievements. A benchmark for power and speed, The 40/40 Club includes players who hit 40 home runs and stole 40 bases in one season. Barry Bonds (1996), Alex Rodriguez (1998), Jose Canseco (1988), and Alfonso Soriano (2006) are the only four to hold this title.”
According to Eater New York, the lounge on West 25th Street, hosted a number of celebrity events, including J.Cole’s mixtape release and LeBron James’ birthday parties.
In 2012, the 40/40 Club reopened after a $10 million renovation to compete with newer clubs in Manhattan. Since then, it grew into a small chain with other locations. There were reportedly five other locations: 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.
It is currently unclear why the venue is closing its doors and moving to another location. The 40/40 Club at Barclays Center, however, will remain open following the Manhattan closure, according to Jake Spitz, a spokesperson for the Brooklyn arena.