Avatar, the icon New York record studio know more commonly as Power Station throughout the music industry, has been sold to Berklee College of Music.
The building, originally a working power plant, became the working home of producer Tony Bongiovi and Bob Walters in 1977 and played host to the recording of some of the most iconic albums: Bruce Springsteen’s Born in the USA, David Bowie’s Let’s Dance, and Bob Dylan’s Infidels – just to name a few. The Clash, Elton John, Madonna, George Micheal and, more recently, Lady Gaga have all worked there.
The draw of Multitrack recording was a key for artists at the time and, in 1996, it was renamed Avatar.
However, the 33,000-square-foot Manhattan property is thought to be worth around $28 million and has been sold to Berklee College of Music, Variety reports.
It is not yet known what the Boston-based Berklee plans to do with the space but the new owners held a closing party for the venue on August 28th.