"I've made the choice to move forward with transferring ownership of the bar to The Stud Collective based on the diverse, multitalented, qualified group that they represent. If these awesome folks can't make it work, no one can," said former Stud owner Michael McElhaney.
"If historic businesses are going to survive, our community will have to innovate," co-op spokesperson VivvyAnne Forevermore emphasized, highlighting the need for creativity in challenging real-estate markets.
The Stud Collective, with a diverse range of expertise among its members, collaborated with local officials to create a successful business model for the co-op nightclub.
#the-stud-collective #co-op-ownership #community-innovation #historic-business-preservation #collaboration
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