by Emma Davey Brooklyn Mirage and its parent company Avant Gardner have officially sold to a new owner, marking the latest development in a lengthy and troubled saga.Â
Dubai-based FIVE Holdings, the company behind the nightlife brand Pacha, recently purchased Avant Gardner and its centerpiece venue, Brooklyn Mirage, for $110 million.Â
“The sale follows a bankruptcy court approvalfor Axar [Capital Management], a longtime lender of Avant Gardner, to acquire most of the company’s assets, including the…
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