‘The Bank’ reopening as Element
"The Bank, New York City's premiere, and most well known gothic nightclub, closed its doors on September 4th, 1999, after having been in business for over ten years. It had maintained itself as a fixture on the Lower East Side, the pale limestone façade looming on the corner of Houston and Essex, as a beacon to alternative nightlife." [the whole history @ Read Magazine]
Curbed reports that the building right next door to Mercury Lounge is reopening as Element.