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Webster Hall Sold


The East Village venue Webster Hall, formerly the Ritz, was sold to AEG Live and Barclays Center for $35 million. Nice size venue too as the Grand Ballroom holds 1,500 the Marlin room 600 and the studio 400. Webster Hall was built in 1886 and in 2008 it became a New York City landmark. During prohibition it was rumored that gangster Al Capone owned the venue.  So many great bands played here including U2, Prince, Aerosmith, Guns N’ Roses and Madonna’s “pajama party.” I doubt that the new owners will change anything but it certainly is a great acquisition for their real estate portfolio.

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