This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Creativity Gives Nightclubs Extra Cool for Fall

Stocks in this article: MGMZQK

Velvet ropes alone can't keep out an economy unsure if it's on the verge of recovery or double-dip recession. But gloomy economic conditions aren't deterring a renegade collection of club owners In New York, Las Vegas and Los Angeles from celebrating the onset of fall -- and a new season of nightlife -- with a combination of incredible concepts and cutting-edge business sense.

PARISIAN IMPRESARIO ON NYC ROOFTOP Even if you spent the summer away from New York you're likely aware of the cultlike status of Andre Balazs' Standard Hotel and its legendary Boom Boom Room; it's hosted everyone from Gwyneth Paltrow to Madonna in the past year. Now Boom Boom has a neighbor and competitor in Le Bain, created with the help of 38-year-old French graffiti artist-turned-nightclub proprietor André Saraiva, of Paris' Le Baron nightclub. Don't expect to find it on the Standard Hotel website or even on its Facebook page. It's accessed by a freight elevator ride to the top of the hotel -- if you can fight your way through a cruel street-level velvet rope.

It's still easier to get into than the Boom Boom, which has a further guarded curtain to ensure its VIP pedigree. Le Bain, if and when you see it, features a minimalist all-black bar of frothy society it girls and indie artists chit-chatting, a graffiti art installation in the stairwell and a rooftop rumpus room collection of waterbeds and mini hot tubs. There's also a small pool downstairs, although it's more for splashing than plunging. (Note the sticker disclaimers: The pool is only four feet deep, so "No diving.") A nearby vending machine sells limited-edition bikinis and Quiksilver (ZQK) boardshorts, including not-so-shorts for those a bit too modest for 3 a.m. exhibitionism.

A RARE CONCEPT IN VEGAS There's been turmoil in Las Vegas involving Paris Hilton and Cy Waits, a former partner in Tryst and XS Nightclub at WYNN (Wynn Las Vegas), that has many nightlife regulars leery of the scene. But those looking for an alternative to the nightclubs and lounges at large casino hotel resorts such as the Wynn, MGM (MGM) Mirage and Palms have few options. That's where Rumor fills the void, with a sprawling new boutique hotel concept across the street from the Hard Rock Hotel. Rumor Boutique Hotel, owned by Nevada's Siegal Group (Artisan Hotel, Resort at Mount Charleston), puts the party within a series of two-story bungalow-style structures in a courtyard. The outdoor lounge and DJ pool scene -- more grassy than concrete -- makes for beach club flair on a much smaller scale.

Visitors first pass through a porte-cochere, guarded by porcelain Chinese dogs instead of the usual casino security, to a lobby mixing elements of Palm Beach and The Palms casino through modern Italian styling and Hollywood Regency inspiration. It's filled with guests in sundresses and flip-flops strutting to the party held poolside from 11 a.m. to 11 p.m., with a hipster guest list rooted in well-organized Facebook promotions (and, recently, alum from ABC's The Bachelor/Bachelorette tying the knot in swimwear.) By night there's dining and a DJ'd lounge where real Vegas residents groove, making for a great scene inside and out.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs