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Hilly Kristal passed away from complications from lung cancer on [[August 28]], [[2007]]. [[CBGB]] still has the go ahead to move to [[Las Vegas, Nevada|Las Vegas]] sometime in 2008, or later. In early October, Hilly's family and friends hosted a private memorial service in the YMCA near the village. Soon after, there was a public memorial where CBGB staff, and others who miss and love Hilly spoke.

On [[November 2]], [[2007]] it was announced that high-end men's fashion designer [[John Varvatos]] will open a store at CBGB's former space at 315 Bowery in springearly 2008.<ref>[{{cite news|url=http://www.washingtonpost.com/wp-dyn/content/article/2007/11/01/AR2007110102492.html?hpid|title=artslot "A Punk Temple Reborn: Would You Like To See the $200 Safety Pins?"], ''|publisher=[[The Washington Post]]|date=2007-11-02}}</ref> Varvatos has promised to do justice to CBGB'',s [[Novemberlegacy. 2]]<ref>{{cite news |first=Carol |last=Polsky |title=Designer turning CBGB into a rocking boutique |url=http://www.newsday.com/business/ny-bzinsidea5537486jan14,0,3028419.story |publisher= [[2007Newsday]]|date=2008-01-14 |accessdate=2008-01-16|quote="We don't want anyone to walk into the space and say, 'Oh, they screwed it up.' We want them to walk in and say, 'It's not CBGB, but they did the right thing.'"}}</ref>

==Famous acts==