There's an excellent piece this afternoon on The Lo-Down by Jennifer Strom that delves into the behind-the-scenes legal wrangling that eventually shuttered Aces and Eights at 34 Avenue A.
Here are two excerpts with her interview with owner Jevan Damadian:
After a career in his family’s successful chain of MRI centers, where he remains a regional director, Damadian came into some cash when the family sold its centers to a large health corporation. Seeing the stock market falling, he looked around for alternative investment opportunities. He lives on the Upper East Side, upstairs from the original Aces and Eights at First Avenue and East 87th Street, and had watched it grow into a successful bar under the leadership of owner Solomon Eljashev. The two men had become friendly, and eventually struck a deal for Eljashev to open the East Village branch with Damadian’s money.
If he is able to reopen the bar, Damadian says, he would like to establish an upscale tapas lounge in the upstairs space, where business people can meet quietly. The downstairs space, which garnered a reputation as a rambunctious “frathole” during its tenure, is still home to a pool table, but Damadian would like the bar’s critics to know one thing: “The beer pong is gone,” he says.
Read the whole post here.
You can meet Jevan yourself on Wednesday night.
[Photo via The Lo-Down]