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A cultural revival rooted in Brooklyn, igniting the future of global nightlife
The iconic Brooklyn Mirage enters a bold new era as Pacha New York, ushering in a powerful revival of dance culture in a borough synonymous with artistic rebellion, diversity, and musical innovation. More than a venue, Pacha New York is a cultural platform where global icons, underground pioneers, and New York’s creative communities come together to celebrate music, movement, and human connection.
FIVE Holdings has entered into a long-term agreement assuming full operational management of the Brooklyn Mirage and The Great Hall complex. This partnership brings together the deeply rooted local legacy of Avant Gardner — now recapitalized — with Pacha’s globally recognized expertise in creating culturally influential destinations and large-scale entertainment experiences. The result is Pacha New York, the next evolution of a brand shaped by more than 50 years at the forefront of global dancefloor culture.
From June through October 2026, Pacha New York launches its inaugural season with world-class performances that place major international headliners and local talent on the same stage, truly reflecting the diverse soundscape that defines contemporary electronic music. Expect the world’s most in-demand electronic artists, Grammy Award–winning performers, and large-scale productions rarely seen in New York City, delivered with the depth and ambition this culture deserves.
Beyond the summer season, the newly upgraded Great Hall will continue to operate year-round as a multi-genre space for live performances and next-generation sounds, ensuring the energy never fades. Yet despite its global reach, the heart of Pacha New York remains unmistakably Brooklyn, with ongoing collaborations with local artists, collectives, and promoters, keeping the space rooted in and reflective of the community that shaped this dancefloor’s legacy.
“New York — the financial and cultural capital of the world — represents far more than a market expansion for FIVE and Pacha; it marks a defining moment in our global journey. This move reflects the strength of our vision, the resilience of our platform, and our ambition to help shape the future of entertainment on a global scale. We are entering a city that influences how the world thinks, creates, and connects — and we do so with bold imagination, long-term commitment, and the confidence to build destinations that resonate far beyond their physical walls. For us, New York is not simply a new chapter; it is a statement of intent about the scale of our aspirations and the cultural impact we are here to create,” said Kabir Mulchandani, Chairman and CEO of FIVE Holdings.
“After supporting Avant Gardner through a challenging period in 2025, we are pleased to have reached an agreement in principle with the Committee of Unsecured Creditors resolving all material matters related to the Chapter 11 plan and sale transaction, as reflected in filings made yesterday with the U.S. Bankruptcy Court. With these issues now resolved, the transition to FIVE and Pacha can move forward in full.
We are thrilled to partner with FIVE and Pacha to bring a world-class operator to Brooklyn. We are deeply grateful for the constructive engagement of all stakeholders — including AG employees, state and local regulators, artists, agents, and unsecured creditors — throughout this process. The partnership with FIVE and Pacha is about restoring the venue as a beloved destination for music lovers, and we look forward to seeing it elevated to even greater heights,” said Andrew Axelrod, CEO and CIO of Axar Capital.
At its core, Pacha New York is a statement: nightlife can be culturally meaningful, globally connected, and locally rooted — all at once.
