Slake, the Midtown dance club and venue that rebranded its street-level space as the Grateful Dead-themed American Beauty bar, closed after their 2017 New Year's Eve celebration. The building it was in was bought and its being renovated for new tenants. Slake shared the news via Facebook:

It is with a heavy heart that we announce our doors closed after December 31st 2017. Our home at 251 West 30th Street was purchased by Herald Square Properties in 2016, who are renovating the building and renting to new tenants. We'd like to thank our loyal staff, customers and every artist who's performed on our stages for an amazing run.
Although it's sad to say goodbye to our Midtown party factory for now, we are so thankful & happy for the memories that will live on with those who experienced it.
From us to you New York City, thank you.
- SLAKE

Before it was Slake, the space at 251 W. 30th St was known as The Wall, Rebel and Downtime. Slake, when it opened, was booked by Webster Hall (a club which is currently closed for renovations under new owners AEG and Brooklyn Sports & Entertainment). A few videos from Slake shows are below.