Watergate landlord doubles rent as building sold for €6.3 million
- PublishedFri, Apr 28, 2017, 10:21
- Words
- Share
- The Berlin club, which celebrates its 15th anniversary in 2017, says the only way to counter the spike in costs is to "expand conceptually."
- Berlin club Watergate has just had its rent doubled after the building that houses it was sold for €6.3 million. A spokesperson for the Falckensteinstraße spot, which turns 15 this year, describes the club as a victim of its own success and that it "inadvertently contributed to gentrification" in the area. Steffen "Stoffel" Hack, who set up the venue alongside Ulrich Wombacher in 2002, adds that "in unbridled capitalism, the market regulates the price and there is no protection of business tenants or rental ceilings to counter this, [which] leaves the successful management of Watergate on very fragile terrain. In the end, we will all leave." Watergate says the only way to counter the spike in rent is to "expand conceptually as well as in terms of content." To start with, it will celebrate its 15th anniversary with an extensive world tour, hosting events at various clubs and festivals in Brazil, Russia, France, Morocco, Spain and more. A handful of these will go down in Berlin, with the likes of Solomun (April 29th), Soul Clap (August 5th) and Hot Since 82 (December 1st) stopping by. See below for the full list of dates announced so far.
- Fri, May 12, 2017
Adana Twins Ruede Hagelstein 15 Years Watergate Records Tour
Adana Twins, Ruede Hagelstein
- Fri, May 19, 2017
Kafes: 15 Years Watergate: Tiefschwarz (Ali), La Fleur & Jimi Jules
Tiefschwarz, La Fleur, Jimi Jules, Murat Uncuoglu, Volkan Gunduz
- Sat, May 27, 2017
Watergate 15 Years Birthday: Matthias Meyer, La Fleur, Ruede Hagelstein Live
Matthias Meyer, La Fleur, Ruede Hagelstein
- Sun, Jun 4, 2017
15 Years Watergate Open Air pt. 1
Matthias Meyer, Ruede Hagelstein, Marco Resmann, Hyenah, Floyd Lavine
- Thu, Jul 6, 2017
Moving x Watergate 15th Anniversary Tour
La Fleur, Matthias Meyer, Marco Resmann, Diogo Accioly
- Fri, Dec 1, 2017
15 Years Watergate present Knee Deep In Berlin Feat. Hot Since 82
Hot Since 82, La Fleur, Emanuel Satie, Ruede Hagelstein, Braunbeck, Nightvisions