 In December 2012, it was announced that it would close at the end of the year.However in January 2013 Reid said he was reopening at 333 Lenox Avenue and that it would have its iconic neon sign there.Richard Notar, who owned the Nobu Restaurant chain and who took over the lease on the original 288 Lenox location, said he would maintain the decor of the original 288 lounge which does not yet have a name.