Marquee and the Mortgage Crisis

Glen Pizzolorusso became a mortgage banker straight out of college, right when the housing market was exploding with ARM's and sub prime loans that were making many people temporarily rich. So how did he spend his money? By balling in New York City of course. In this clip, we hear Glen's heartwarming tale of living the high life, spending nights dropping thousands of dollars at Marquee with his friends.

Now we bet you are wondering - what does all of this really have to do with nightlife? Well, everything. You see, people like Glen fell ass backwards into jobs that paid him close to $75k a month for a job that any monkey could do. And when the monkey got paid, he decided to throw it around in nightclubs, which helped make others very rich. And now that monkey money is gone - but the successful clubs have paid a price. Some have seen declining business, others have dealt with rising rents they can't afford to pay anymore. Just proves that this credit crisis has an impact everywhere, in ways many haven't imagined.

Clip courtesy of This American Life.

Flyer Follies: Hey Teyana

Perhaps you have heard of Marquee, the greatest nightclub since Studio 54, but have never been able to penetrate past Manhattan's most experienced and talented doorman. Well tonight's a chance to change all of that. Sure, you will have to go at 7:00. And yes, you will have to watch and listen to Teyana Tailor's showcase debut. But whatever, you get to go to Marquee. In 30 years, no one will remember why you went - just that you will be able to truthfully say "I was there".

Strategic's Horizontal Integration

GNML sits down with Noah Tepperberg (Strategic Group, Marquee) for another magical interview. What did we find most interesting? Noah and Jason's ability to horizontally integrate clients into their properties across the country, saying

Every client counts. To build a business that will sustain itself over a few years you have to have a loyal customer base that will come every week or every month or every six months and support your venue. If our customers are loyal and good, we make it a point to cater to them and bring them into this Marquee, Tao, Strategic, Dune, network. They have access to the network and can use it when they need to entertain clients or to travel. It’s a very key part to why our business works.

12 months a year in every large US city, Noah and Jason are able to plug you in to a Strategic related property. This in turn gives them longevity. This is why you see a place like Marquee remain open and going strong this far into it's lifetime.

Flyer Follies: Ashlee Is Gonna Sing

Care to be amazed? Please make your way to Ashlee Simpson's oh so hot record release party tonight at Marquee. Lady Simpson will not only be there herself (androgynous partner Pete will probably be there too), but she will even please your ears with a two song performance. That's 200% more than we can take, but whatever, she's nice to look at.

Quick Hits: Marquee, Myst and Amy Sacco

Time for a Wednesday edition of Quick Hits, where we just give you some really quick stories that we don't feel like using our wit and brain cells to expand upon. How many Q's in Quick Hits? Quick Hits!

Today, we feature one Little Birdy sharing 3 stories. How lovely of you LB. Here we go.

· The old Quo, or Myst, is re-opening very soon as either "Aces N Spades" or "Prime".
· Marquee just re-opened their remodeled Red Room last night weekend.
· I just heard a rumor that Bungalow is moving to Wall St. Could be cool.

Interesting stuff LB, but we beg to differ on bullet 3. As bad as 27th Street has become, we don't think Sacco is repackaging Bungalow 8 to head down to Wall Street. As Eater has reported, the space below her real estate venture is going to probably be a large restaurant. Eventually, opening clubs becomes rather boring, and the folks like Miss Sacco look to passively make money. Nightclubs ain't passive kiddies. Unless you are the money and you are using it as a tax write off. Which you know we are.

On the Circuit: Unforgivable Woman

What: Unforgivable Woman
Where: A private townhouse on West 67th street

Unfortunately, we can't be everywhere. Last night was one of those times where a conflict kept us away from an event. Luckily, we had a Little Birdy to pick up the slack. Attending the P. Diddy/Sean John event for his woman's line, Unforgivable Woman, our LB filed this breathless report.

Packed 3 story townhouse on west 67th street. Line down the block to get in. Serious door and cops. Videos of the UW ad playing around the house. Full-on red carpet with many media. The venerable Aretha Franklin was addling down the stairs as I got there. Saw Fabian Basabe and beard wife. Jay Z and Beyonce graciously took pictures with fans on the way out. Ashton Kutcher walked in with small entourage and tried to find the elevator so he didn't have to push through all the people. Zac Posen and several groupies made their way out while criticizing outfits. Puffy and entourage eventually made it to Marquee which was bumping when I left.

Nice work LB. Sounds like you had a grand old time. We love how you slipped in the Marquee afterparty as well. That's how you roll. Take note haters: The Puffy One can still throw it down. Indeed.

Marquee - Not Terrible

As the 27th Street scene crumbles, it's time to check in with the area's most successful venue. Marquee. Yes, we know it isn't on 27th Street. But it's close. And apparently, it's still going strong. A little birdy reports, "was at marquee last Tuesday (don't ask) and it was completely full of young models. So much fucking talent. I have been in a place in nyc that stacked in a long time. I hate the place, but it was fucking unreal. And had Derek Jeter on one side of me and Maroon 5 on the other." Maybe hate is a strong word birdy. And we wish you would be more respectful to women. But we are glad you had fun. Please keep us posted.