In a letter obtained by the New York Daily News it was revealed that rapper Jay-Z and business partner Juan Perez will be closing their midtown Manhattan nightspot 40/40 Club this summer because of upcoming renovations.
Perez and Jay-Z’s letter starts off with a thank you to those who have frequented the club for the past nine years and then goes into why 40/40 Club will be closed for the summer.
“Starting June 1st, The 40/40 Club’s New York City flagship location will undergo a complete transformation from floor to ceiling,” read the letter. “Lead by world renowned designer Jeffery Beers, The 40/40 Club’s makeover will draw inspiration from the energy, grandeur and opulence of New York City nightlife. We are eager to re-open our doors in September and re-introduce a revolution in luxury sports watching and nightclub experience. We appreciate your patience and continued dedication to our growing brand as we vow to return to the scene stronger than ever.”
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Opened in June 2003 the 40/40 Club has seen its fair share of highs and lows. In 2008 the club drew a tremendous amount of negative publicity when a lawsuit was filed by an employee claiming that she and fellow employee’s received less than minimum wage and did not receive overtime pay.
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