CBGB closes (2006)
CBGB, the Lower East Side club that launched punk and new wave, closed after its landlord ended the lease. The Bowery had become a normal commercial street as condos and design stores moved in, leaving the gritty club out of step with its surroundings.
The final concerts drew crowds and press; the space later reopened as a clothing store.
CBGB became the standard example of a cultural venue losing to neighborhood change, and it remains shorthand for the gentrification-versus-scene fight.
Cisco Brewers Seaport is on the other side of the same dynamic: it is expanding because the Seaport's entertainment economy is booming. CBGB shows how quickly that tailwind can turn when neighbors and real estate values shift.
