Support Local Journalism. Join the Cleveland Scene Press Club.

Wednesday, September 5, 2018

No More Tears! The Phantasy Nightclub Lives... For Now

Posted By on Wed, Sep 5, 2018 at 10:56 AM

SCENE ARCHIVES
  • Scene Archives

We announced in July that the Phantasy Cleveland (which includes The Chamber nightclub) had been purchased by an unidentified buyer with the intent on ending the property's run as a performing arts venue and removing its three bars in place of residential, offices and additional parking.

After a "phlea" market liquidating some of the rock 'n roll items from the Symposium, the Chamber and the Phantasy and a massive last-concert-ever performance by Death of Samantha and the Floyd Band on Sept. 2, it appears the Phantasy is staying.



For a little while, at least.

De Frasia's family has owned the venue for over 50 years, but the only information De Frasia provided Scene was that the buyer had pulled out.

There were rumors circulating last week that the sale of the Phantasy had fallen through, but owner Michele De Frasia confirmed on Facebook last night that although the deal was confirmed in July, the buyer had pulled out of the deal last minute.

"As we headed into the final weekend of the Phantasy, we were getting jittery over this deal,'' De Frasia wrote. "Over a matter of days and hours, something just didn't seem right to me and my family, but we continued ahead, thinking it would go through.

"We were wrong,'' she wrote.

Howard Hanna realtor Rachele Glynias is handling the sale of the Phantasy, and told Cleveland.com there are two interested buyers in the $1.2 million property. The actual sale price was never revealed and Glynias is prohibited by law from identifying the prospective buyers.

Glynias claims one party is a developer with all of the financing in place and the other is a local music person with over 30 years of business in the Cleveland music scene. Both buyers are aware of each other so a quick sale is likely.

Given De Frasia was convinced the Phantasy would be no more, there will be no scheduled events for September while the family recuperates and figures out where to go from here. If a quick sale occurs, the Labor Day farewell show very well may still have been the venue's last.

Tags: , , , , , , , ,

We welcome readers to submit letters regarding articles and content in Cleveland Scene. Letters should be a minimum of 150 words, refer to content that has appeared on Cleveland Scene, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at news@clevescene.com.

Support Local Journalism.
Join the Cleveland Scene Press Club


Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.


Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.


Join the Cleveland Scene Press Club for as little as $5 a month.

Read the Digital Print Issue

November 17, 2021

View more issues

Newsletters

Never miss a beat

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2021 Cleveland Scene: 737 Bolivar Rd., Suite 4100, Cleveland, OH 44115, (216) 505-8199
Logos and trademarks on this site are property of their respective owners.


Website powered by Foundation