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New York & Tri-State  + Downtown New York  + Retail  |  May 10, 2019
Paul Bubny
By: Paul Bubny

Live Nation Eyes American Stock Exchange for Indoor Venue

Live Nation wants to build a 3,000-seat concert venue in Lower Manhattan, Crain’s New York Business reported. The concert promoter and ticket seller made its first public presentation of the plan at a community board meeting Wednesday evening.

The company and its partner in the venture, Legends, are seeking approvals to lease about 80,000 square feet within the American Stock Exchange building on Trinity Place and turn it into a facility for live music and events space. Those approvals would include a liquor license, and although it’s the State Liquor Authority that grants the licenses, the agency considers input from community boards.

At present, Live Nation holds concerts downtown during the warm months on the roof of Pier 17 at the Howard Hughes Corporation’s South Street Seaport. That venue opened last year for outdoor-only events. The Trinity Place venue would host music events and other entertainment year-round, Crain’s reported.

For comments, questions or concerns, please contact Paul Bubny

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Read more at Crain’s New York

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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