BOTTOM LINE UPDATE
The Bottom Line’s fight is not yet over. As you may have heard, Bruce Springsteen and Mel Karmazin made significant contributions, along with Sirius Satellite Radio, to help save the club.
Unfortunately, The Bottom Line needs more money to negotiate with NYU and secure a new lease. It is a dire situation and to add insult to injury, NYU is asking for a 250% rent increase and demanding costly renovations. The Bottom Line has only managed to raise one third of the money it needs. It is imperative to get this money for The Bottom Line’s survival.
In his impassioned closing argument, The Bottom Line’s attorney Mark Alonso spoke for all of us when he asked the judge for a little more time before she made her ruling. Judge Recant asked,
“What would be the difference in making the decision today versus next week?”
“I need to raise the money to properly negotiate a lease with NYU,” Alonso replied. “Your Honor, I am a cynic and not a romantic, but this club is a special place, loved by millions of people, and I can see music fans around the world rallying to save it. We just need the time.”
If each of us comes forward and contributes what we can, we will save this venerated club. Just as in “It’s a Wonderful Life” when the town comes together to save George Bailey, we can come together to save The Bottom Line.
We need to act fast! Please contribute whatever you can, but contribute.
Please send a check or money order made out to “Save The Bottom Line”. Mail it to:
Save The Bottom Line
15 W. 4th Street
New York, NY 10012
Or you can contribute through PayPal at http://www.savethebottomline.com
Help by distributing this message to everyone you know and ask them to pass it on to everyone they know to keep the message circulating. We need to get momentum. The clock is ticking. The judge’s ruling may only be a week away. Please help.
-- Friends of The Bottom Line