New York, NY

JAY-Z has pulled the plug on his 40/40 Club after 20 years of business, with plans of reopening in a location that hasn’t yet been revealed.

On Wednesday (August 9), Eater reported that the bar and lounge’s original location in Manhattan’s Flatiron District closed its doors in late July.

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Company spokesperson Andrea Thomas said that the spot will spring up at a new address next year, with more details to follow soon.

Since opening in 2003, the 40/40 Club hosted countless events for A-list celebrities such as a secret J. Cole show in 2010 and Rihanna’sUnapologetic release party in 2012, to name a few. Within a few years, JAY-Z began expanding the 40/40 brand and was running a total of five outlets across New York City, Atlantic City, Atlanta and Las Vegas at one point.

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In 2012, the original site underwent a $10 million renovation, with Jigga telling Rolling Stone: “I wanted to retain the feel of a clubhouse, a relaxed place to interact with friends.”

As of now, only two 40/40 locations remain open: an airport bar in Atlanta and a restaurant at Brooklyn’s Barclays Center.

In a similar spirit, JAY-Z’s Made In America Festival this year has also been canceled, with organizers citing “severe circumstances outside of production control.”

The festival announced its star-studded lineup back in June, with the annual event scheduled to take over the Benjamin Franklin Parkway in Philadelphia throughout Labor Day Weekend on September 2–3.

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Cam’ron and Ma$e were set to deliver a reunion performance, with the likes of SZA, Lizzo, Metro Boomin, Ice Spice, Coi Leray, Latto, Lil Yachty, Doechii, Tems, Miguel, Lola Brooke also on the bill.

In a statement shared to social media, festival organizers notified attendees of the “difficult” decision on Tuesday (August 8).

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“Due to severe circumstances outside of production control, the 2023 Made In America festival will no longer be taking place,” a statement from festival organizers read. “This decision has been difficult and has not been made lightly nor without immense deliberation.

“Made In America has a legacy of delivering exceptional experiences for music fans and concert goers and it is our commitment to always deliver a top-tier festival experience.

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“We look forward to returning to Benjamin Franklin Parkway and the great city of Philadelphia in 2024. All ticket holders will be refunded at original point of purchase.”