The Lower East Side venue Cake Shop has been on a desperate mission to keep its doors open. Staring into the pending end of their original 10-year lease, and owing back rent, higher-than-expected taxes, and other fines, the cafe-slash-rock club started up a fundraising drive on PlegeMusic.com in May. The drive ended on Monday, August 6, and the club successfully reached its goal, raising more than $22,000.
"We would've liked to have made 250% of that, to be able to really pay off everything and move forward," says co-owner Nick Bodor. "But for now, that was the piece we needed, some leverage to go into the negotiations with the landlord on the new lease." They still owe their landlord about $20,000 in addition to other expenses, but the fundraiser gave them the hope and incentivenot to metnion the straight-up cashto stay open.More »