CBGB has been leased to trendy fashion designer John Varvatos

So Hilly Krystal died a millionaire, theres only one Ramone left, ATM's and cafes collide on Avenue D, luxury condos crowd Avenue C and boutiques barrage The Bowery... and now, with perfect irony, the guy who's crowning achievement was bastardizing the Converse All-Star is moving into CBGB's!

It's all true, my friends.

"We're going in by the spring, hopefully in March," said a Varvatos co-hort. Yes, the shuttered punk palace at 315 Bowery has been leased to trendy fashion designer John Varvatos.

I was really hoping Max Azria would rent the place out. He would've been a better fit for the holy sight with his "BCBG" brand, no?