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== Overview == == Overview ==
On June 18, 2003, the first 40/40 Club opened in ] at 6 ] just west of ]; the ] location opened on October 25, 2005. The third 40/40 Club was located in ], an extension of ] in ]; the grand opening was held December 30, 2007.<ref name=opening>(celebrity-gossip.net, 12/31/2007)</ref> On June 18, 2003, the first 40/40 Club opened in ] at 6 ] just west of ]; the ] location opened on October 25, 2005. The third 40/40 Club was located in ], an extension of ] in ]; the grand opening was held December 30, 2007.<ref name=opening>(celebrity-gossip.net, 12/31/2007)</ref> The Las Vegas version of the 40/40 Club was short-lived . After a series of successful opening weeks, general patronage of the venue declined steadily, the last day of operation was August 28, 2008


The venues are known for their live music, celebrity patrons, and sports memorabilia. The brand gained recognition when Jay-Z referenced his investment in his 2003 song "]" with the line "''Now you chillin with a boss, bitch of course SC on the sleeve / at the 40/40 club ESPN on the screen''". The video for the ] produced ] single "Like That" was filmed at the club's New York location. The venues are known for their live music, celebrity patrons, and sports memorabilia. The brand gained recognition when Jay-Z referenced his investment in his 2003 song "]" with the line "''Now you chillin with a boss, bitch of course SC on the sleeve / at the 40/40 club ESPN on the screen''".


In 2011, the flagship Newy York City location closed for a 6 month $10 million remodel by designer Jeffrey Beers<ref>http://www.forbes.com/sites/zackomalleygreenburg/2012/03/30/jay-z-s-40-40-club-to-recoup-10-million-renovation-cost-over-two-years/</ref>
] held a private birthday party at the New York City location for his 18th birthday. It was featured on an episode of '']'', retitled My Super 18.
] Basketball star ] celebrated his birthday at the grand opening of the Vegas 40/40 Club on December 30, 2007.<ref name=opening/>


On June 14, 2012, it was announced that the fourth (third active) 40/40 Club will be located inside the ], the arena that the ] play in.<ref>{{cite web|url=https://twitter.com/darrenrovell/status/213292743659753473 |title=Twitter / darrenrovell: The trend of clubs opening |publisher=Twitter.com |date= |accessdate=2012-07-11}}</ref> Jay-Z is a minority owner of the team. On June 14, 2012, it was announced that the fourth (third active) 40/40 Club will be located inside the ], the arena that the ] play in.<ref>{{cite web|url=https://twitter.com/darrenrovell/status/213292743659753473 |title=Twitter / darrenrovell: The trend of clubs opening |publisher=Twitter.com |date= |accessdate=2012-07-11}}</ref> Jay-Z is a minority owner of the team.

== Las Vegas location ==<!-- redirect section linked do not change -->
The Las Vegas version of the 40/40 Club was short-lived. After a series of successful opening weeks, general patronage of the venue declined steadily. No press release acknowledging this came from Jay-Z or his office.

Speculation and denial<ref name=denial> (], 5/12/2008)</ref> of a closure dogged the venue for months.<ref name=closure> (Las Vegas Review Journal, 8/16/2008)</ref> The multi-million dollar club's last day of operation was August 28, 2008, just eight months after its grand opening. The space occupied by the club was bought back by the hotel and immediately turned into a sports lounge that was operated by hotel staff for one year. Then, the hotel re-sold the space to ]. The venue is now known simply as "Lagasse's Stadium".<ref name=takeover> (Los Angeles Times, 8/27/2008)</ref> No major remodeling of the venue was performed other than to remove all 40/40 insignia, and thus, all references to Jay-Z.<ref name=insignia> (Woooha.com, 8/28/2008)</ref>

]
Jay-Z has returned to the Venetian and the Palazzo a number of times since the 40/40 closed, primarily to make appearances and/or dine at Tao and Lavo, two other high-profile nightclubs that are also tenants in the 19 million square foot "megacenter".<ref name=return> (MyVegasScene.com 5/4/2009)</ref><ref name=iamtour> (Las Vegas Sun, 7/31/2009)</ref>

== NYC location labor dispute ==
Twenty employees working at the New York City location, including servers and bartenders, filed a lawsuit against the company claiming that they were not receiving paychecks, therefore relying solely on tips for their income, or were cheated of overtime while working for the club. In 2008, a Federal judge ruled that the plaintiffs had made enough of a showing that the club had violated Federal wage and labor laws, and certified the suit as a ], saying "The record contains corroborating evidence of the allegations."<ref>Zambito, Thomas. '']'' (July 2, 2008)</ref>

As of late July 2009, it is an ongoing case. However, defense lawyer Michael DiMattia, who represented Jay-Z in the case, has filed a suit against him due to nonpayment of defense bills. He claims that requests for payment go back as far as 2008, and despite Jay-Z earning over $80 million in the past year, he has yet to be compensated for his services.<ref name=skimpin> (AmLaw Litigation Daily 7/6/2009)</ref><ref name=dimattia> (Hollyscoop.com 7/7/2009)</ref>


==References== ==References==
;Notes
{{reflist}} {{reflist}}



Revision as of 05:14, 6 November 2012

40°44′35″N 73°59′22″W / 40.743053°N 73.989447°W / 40.743053; -73.989447

This article is about the sports bar chain. For the accomplishment in Major League Baseball, see 40–40 club.
40/40 Club
Company typeSports bar
Area servedNew York, NY
Atlantic City, NJ
OwnerJay-Z, Desiree Gonzalez, Juan Pérez
Websitethe4040club.com

The 40/40 Club is a chain of sports bars and lounges owned by hip hop mogul Jay-Z and partners Desiree Gonzalez and Juan Pérez. The name is borrowed from the baseball term used to denote the exclusive group of Major League Baseball players who have achieved the rare individual feat of recording 40 home runs and 40 stolen bases in a single season.

Overview

On June 18, 2003, the first 40/40 Club opened in New York City at 6 West 25th Street just west of Broadway; the Atlantic City location opened on October 25, 2005. The third 40/40 Club was located in The Palazzo, an extension of The Venetian in Las Vegas; the grand opening was held December 30, 2007. The Las Vegas version of the 40/40 Club was short-lived . After a series of successful opening weeks, general patronage of the venue declined steadily, the last day of operation was August 28, 2008

The venues are known for their live music, celebrity patrons, and sports memorabilia. The brand gained recognition when Jay-Z referenced his investment in his 2003 song "Dirt Off Your Shoulder" with the line "Now you chillin with a boss, bitch of course SC on the sleeve / at the 40/40 club ESPN on the screen".

In 2011, the flagship Newy York City location closed for a 6 month $10 million remodel by designer Jeffrey Beers

On June 14, 2012, it was announced that the fourth (third active) 40/40 Club will be located inside the Barclays Center, the arena that the Brooklyn Nets play in. Jay-Z is a minority owner of the team.

References

  1. 40-40 Club Description, Restaurant.com
  2. Jay-Z Opens Vegas Club with Knowles Sisters(celebrity-gossip.net, 12/31/2007)
  3. http://www.forbes.com/sites/zackomalleygreenburg/2012/03/30/jay-z-s-40-40-club-to-recoup-10-million-renovation-cost-over-two-years/
  4. "Twitter / darrenrovell: The trend of clubs opening". Twitter.com. Retrieved 2012-07-11.

External links


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Studio albums
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Live albums
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