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re: 54 Below, anyone been recently?

Posted by: MikeR 07:44 pm EST 11/03/15
In reply to: re: 54 Below, anyone been recently? - TGWW 07:40 pm EST 11/03/15

Here's specifically what he said (full interview linked below):

The theater people are freaking that the prices at Feinstein’s/54 Below will quadruple. Will they?

Not at all. With Feinstein’s at the Regency, it was a five-star hotel and a union hotel. To open that room, there was tremendous expense. I never made money in the nightclub business. It cost $150,000 a year to set up the room—it required union people. That’s because it was that space. But we always had $20 seats because it was killing me that it was priced in a way that prevented people who didn’t have as much money to come, and that’s usually younger people for whom we have to keep this art form alive. One of the great things about 54 Below is it’s a completely different price structure and it will continue with that. Of course, if an artist commands a higher salary, the prices may be somewhat higher for that, but there’s no intention of changing the essence. We’re just adding to what already works beautifully. I’m not a fool.

Related info from an answer to a previous question:

"Much as I loved being at the Regency, that was a room that every day had to be turned into a nightclub. It took two hours to move in the stage and the piano, and then two hours to tear it down. I decided the next place would be a dedicated club."

Link http://www.out.com/michael-musto/2015/10/12/michael-feinstein-54-below-cheyenne-and-couples-counseling

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