This week, the good folks at Eater ran one of their semi-weekly Hard Sell columns featuring a "secret night club" on W. 29th Street that is on the market. We did some sleuthing and determined that current B&T hot spot Stereo is on the market. Random speculation you say? Hell yes. But still, the address Eater gave was 525 W. 29th which is actually the Paul Sharpe Gallery. Stereo is right across the street. Plus, an international nightlife guru and DBTH fan tells us because of high expenses, "the Stereo guys have never made any money." That hurts.
Finally, we have real photographic evidence. KFed was given a mike to perform there. Once that saliva touches your PA system, its definitely time to sell.