DNR is reporting that fashion designer John Varvatos’ new boutique in the former CBGB space on the Bowery will feature "a permanent stage, which will be home to a new-artist performance series."

The live music component is part of Mr. Varvatos’ self-described effort "to honor what [CBGB] was, instead of seeing it turn into a deli or a bank or whatever."

Mr. Varvatos isn’t so nostaglic for the old punk club to restore its famously seedy, smelly, graffiti-strewn restrooms, however.

“The bathrooms are something that will just stay in all of our memory,” he said.

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