Axar Capital

This summer, the sign outside of 140 Stewart Avenue, former residence of the now shuttered and somewhat disassembled Brooklyn Mirage, will have a new name. But even with Pacha moving in and aiming for a June opening, there are, somehow, still new details surfacing from the long, strange fall of the building’s previous tenants.   Internal…

Following months of messy and complicated court battles, Brooklyn Mirage, its bankrupt parent company Avant Gardner, and its new owner Axar Capital Management are officially out of bankruptcy court as of Thursday morning.  “I’m happy to confirm the plan,” Judge Mary Walrath said at a hearing in the Bankruptcy Court for the District of Delaware,…