Avant Gardner, the mother or father firm of the beleaguered East Wiliamsburg music venue Brooklyn Mirage, has filed for voluntary chapter 11 chapter. In an announcement posted to the Brooklyn Mirage’s Instagram, Avant Gardner says that the chapter is a enterprise transfer supposed “to Strengthen Monetary Situation and Place Itself for a Sturdy Future” and that its venues Nice Corridor and Kings Corridor will proceed to function usually in the course of the course of. The corporate says that the choice “follows a number of months of economic misery, culminating with Avant Gardner being unable to open its newly constructed Mirage occasion area for the 2025 season.” The corporate has introduced in new CEO Gary Richards, previously its non-executive Chairman of the Board, to interchange Josh Wyatt, who break up with the corporate after the numerous botched makes an attempt to reopen the Mirage.
In December, the Brooklyn Mirage introduced main renovations and safety enhancements. Its fame suffered after three males have been discovered lifeless outdoors the venue in separate incidents in 2023 and 2024. Avant Gardner was additionally in hassle with New York Metropolis for overselling its EDM competition Electrical Zoo. The Mirage introduced and delayed its grand reopening many occasions after failing to safe the mandatory non permanent permits, reportedly due to failed security inspections and blown building deadlines.
In accordance with Pollstar, sources report that the venue’s newly put in soundsystem and elements of its 270-degree LED display screen have already been dismantled. Bloomberg experiences that Avant Gardner mother or father firm AGDP Holding will maintain a aggressive public sale for its belongings
