Why Are These Clubs Closing? The Rent Is High, and the Alcohol Isn’t Flowing. - The New York Times

Paragon Nightclub Closure

Paragon, a popular Brooklyn nightclub, is closing its doors on April 26th, 2025 due to unsustainable financial conditions.

Reasons for Closure

The primary reasons cited for the closure are:

• High Rent: The cost of operating the venue in its current location has become unaffordable.
• Declining Alcohol Sales: Insufficient revenue from alcohol sales contributes to the financial challenges.

Despite strong attendance on some nights, the club's owner, John Barclay, emphasizes that weekend success alone is not enough to remain financially viable in the current economic climate.