Monkeytown going OUT OF BUSINESS!!

Posted by Sean Capone | Tue Oct 10th 2006 3:33 p.m.

Monkeytown, located in Williamsburg, Brooklyn NY, has served as one of NY's most surprising, fun-spirited and high quality new media performance/video art venues and restaurant lounges for the past year. However, due to a crippling financial situation, it seems likely that the space will close in early November. This was just announced officially by the owner, the fabulous but frazzled Montgomery. So please, if you have a way to support Monkeytown, do so, even if it just means coming out (if you haven't already) to enjoy the final couple weeks of programming.

Here is the text from Montgomery's full post:

GOING OUT OF BUSINESS!!??

Yes. A mere week after celebrating our one-year anniversary and now it looks as if we will be CLOSING sometime around November 6th.

However, since discussing this likelihood, I have received hundreds of horrified emails and phone calls ("That can't happen."; "What the fuck."; "We love Monkey Town, please stay open!") and offers of support. But the reality is that we need a large amount of capital (around $300K); and while, many people are now working to find such capital, we are also preparing to shut down by early Novemeber.

Question: So what can you do to help...?
Answer: Come eat and drink for the next 30 days! We need to pay our remaining bills and this may be your last chance to taste your favorite dishes

I love Heather's (our new chef) cooking so much that we've agreed to keep adding the new items she had planned to our menu, in the meantime. And while delayed a week, we will have our Chipotle-Gorgonzola-Black Bean Lasagna back on the menu this week.

All of that said, we would love to stay open. And in many ways it WOULD be stupid for us to close. Our two major issues have been:

1. original cost overruns and debts associated with an incompetent contractor
2. a lack of operating capital that has kept us in a constant cycle of poverty

Despite these many challenges, we have done decently for a first year restaurant. We've even showed a "profit" during several months. But our debts have been crippling and they must be addressed. With the new capital, we would make many long overdue physical improvements and take care of our debt issues.

So. If you know of any person who would like to support our enterprise in a very big way, by benefaction or investment, please have them contact us at our main email: monkeytownhq@aol.com

Thanks again for all the words of encouragement and support.
Cheers,
Montgomery
  • MTAA | Tue Oct 10th 2006 7:20 p.m.
    Bah!

    M.River and I were there just the other night and Montgomery told us
    about the financial issues. It would be a real loss to the
    Williamsburg scene.

    On 10/10/06, Sean Capone <sean@positrongraphic.com> wrote:
    > Monkeytown, located in Williamsburg, Brooklyn NY, has served as one of NY's most surprising, fun-spirited and high quality new media performance/video art venues and restaurant lounges for the past year. However, due to a crippling financial situation, it seems likely that the space will close in early November. This was just announced officially by the owner, the fabulous but frazzled Montgomery. So please, if you have a way to support Monkeytown, do so, even if it just means coming out (if you haven't already) to enjoy the final couple weeks of programming.
    >
    > Here is the text from Montgomery's full post:
    >
    > GOING OUT OF BUSINESS!!??
    >
    > Yes. A mere week after celebrating our one-year anniversary and now it looks as if we will be CLOSING sometime around November 6th.
    >
    > However, since discussing this likelihood, I have received hundreds of horrified emails and phone calls ("That can't happen."; "What the fuck."; "We love Monkey Town, please stay open!") and offers of support. But the reality is that we need a large amount of capital (around $300K); and while, many people are now working to find such capital, we are also preparing to shut down by early Novemeber.
    >
    > Question: So what can you do to help...?
    > Answer: Come eat and drink for the next 30 days! We need to pay our remaining bills and this may be your last chance to taste your favorite dishes
    >
    > I love Heather's (our new chef) cooking so much that we've agreed to keep adding the new items she had planned to our menu, in the meantime. And while delayed a week, we will have our Chipotle-Gorgonzola-Black Bean Lasagna back on the menu this week.
    >
    > All of that said, we would love to stay open. And in many ways it WOULD be stupid for us to close. Our two major issues have been:
    >
    > 1. original cost overruns and debts associated with an incompetent contractor
    > 2. a lack of operating capital that has kept us in a constant cycle of poverty
    >
    > Despite these many challenges, we have done decently for a first year restaurant. We've even showed a "profit" during several months. But our debts have been crippling and they must be addressed. With the new capital, we would make many long overdue physical improvements and take care of our debt issues.
    >
    > So. If you know of any person who would like to support our enterprise in a very big way, by benefaction or investment, please have them contact us at our main email: monkeytownhq@aol.com
    >
    > Thanks again for all the words of encouragement and support.
    > Cheers,
    > Montgomery
    > +
    > -> post: list@rhizome.org
    > -> questions: info@rhizome.org
    > -> subscribe/unsubscribe: http://rhizome.org/preferences/subscribe.rhiz
    > -> give: http://rhizome.org/support
    > +
    > Subscribers to Rhizome are subject to the terms set out in the
    > Membership Agreement available online at http://rhizome.org/info/29.php
    >

    --
    <twhid>www.mteww.com</twhid>
  • Marisa Olson | Tue Oct 10th 2006 8:10 p.m.
    I've had a couple of screenings at Monkeytown, one of which was just
    last weekend. It's one of the few places anywhere (not just NY) that
    consistently supports and shows risk-taking, experimental, compelling
    new media, video, and performance work--especially multi-channel work.
    Tomorrow I'm seeing Yacht there and Jason Van Anden's Friday the 13th
    program, there, looks amazing. When Lauren and I received this msg in
    the offfice, today, I mentioned to her that Monkeytown paid my
    collaborator and I better than most museums or festivals have recently
    (which is relative, but still)... Despite the difficulties of running
    a business like this, in a market like this, they've really been
    legendary in their commitment ti supporting artists. This is a rare
    space that has received kudos from both the art press and the highly
    discriminating NY Times (and other) food critics. All I know is, I'm
    going to have as many yummy meals & see as many shows as possible
    there, this month, whether or not this really is the end.

    I hope to see you there!

    marisa

    On 10/10/06, T.Whid <twhid@twhid.com> wrote:
    > Bah!
    >
    > M.River and I were there just the other night and Montgomery told us
    > about the financial issues. It would be a real loss to the
    > Williamsburg scene.
    >
    > On 10/10/06, Sean Capone <sean@positrongraphic.com> wrote:
    > > Monkeytown, located in Williamsburg, Brooklyn NY, has served as one of NY's most surprising, fun-spirited and high quality new media performance/video art venues and restaurant lounges for the past year. However, due to a crippling financial situation, it seems likely that the space will close in early November. This was just announced officially by the owner, the fabulous but frazzled Montgomery. So please, if you have a way to support Monkeytown, do so, even if it just means coming out (if you haven't already) to enjoy the final couple weeks of programming.
    > >
    > > Here is the text from Montgomery's full post:
    > >
    > > GOING OUT OF BUSINESS!!??
    > >
    > > Yes. A mere week after celebrating our one-year anniversary and now it looks as if we will be CLOSING sometime around November 6th.
    > >
    > > However, since discussing this likelihood, I have received hundreds of horrified emails and phone calls ("That can't happen."; "What the fuck."; "We love Monkey Town, please stay open!") and offers of support. But the reality is that we need a large amount of capital (around $300K); and while, many people are now working to find such capital, we are also preparing to shut down by early Novemeber.
    > >
    > > Question: So what can you do to help...?
    > > Answer: Come eat and drink for the next 30 days! We need to pay our remaining bills and this may be your last chance to taste your favorite dishes
    > >
    > > I love Heather's (our new chef) cooking so much that we've agreed to keep adding the new items she had planned to our menu, in the meantime. And while delayed a week, we will have our Chipotle-Gorgonzola-Black Bean Lasagna back on the menu this week.
    > >
    > > All of that said, we would love to stay open. And in many ways it WOULD be stupid for us to close. Our two major issues have been:
    > >
    > > 1. original cost overruns and debts associated with an incompetent contractor
    > > 2. a lack of operating capital that has kept us in a constant cycle of poverty
    > >
    > > Despite these many challenges, we have done decently for a first year restaurant. We've even showed a "profit" during several months. But our debts have been crippling and they must be addressed. With the new capital, we would make many long overdue physical improvements and take care of our debt issues.
    > >
    > > So. If you know of any person who would like to support our enterprise in a very big way, by benefaction or investment, please have them contact us at our main email: monkeytownhq@aol.com
    > >
    > > Thanks again for all the words of encouragement and support.
    > > Cheers,
    > > Montgomery
    > > +
    > > -> post: list@rhizome.org
    > > -> questions: info@rhizome.org
    > > -> subscribe/unsubscribe: http://rhizome.org/preferences/subscribe.rhiz
    > > -> give: http://rhizome.org/support
    > > +
    > > Subscribers to Rhizome are subject to the terms set out in the
    > > Membership Agreement available online at http://rhizome.org/info/29.php
    > >
    >
    >
    > --
    > <twhid>www.mteww.com</twhid>
    > +
    > -> post: list@rhizome.org
    > -> questions: info@rhizome.org
    > -> subscribe/unsubscribe: http://rhizome.org/preferences/subscribe.rhiz
    > -> give: http://rhizome.org/support
    > +
    > Subscribers to Rhizome are subject to the terms set out in the
    > Membership Agreement available online at http://rhizome.org/info/29.php
    >
  • Marketing Secrets | Sat Apr 4th 2009 5:42 a.m.
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