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The future of the Brooklyn Mirage is coming into focus. Five Holdings acquired the entertainment complex at 140 Stewart Avenue in East Williamsburg for $110 million, the Commercial Observer reported. Five Holdings is the parent company of nightlife brand Pacha — known for its famed Ibiza nightclub — and will set up shop in Brooklyn. The acquisition by the Dubai-based holding company was first reported by Traded. Pacha’s deal is the latest twist in the fate of a venue as known for its storied live music scene as its propensity to harbor drug use, aggressive security and even death; a […]

This article originally appeared on The Real Deal. Click here to read the full story.

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