The Future of the Friars Club: Last Call?
The Friars Club, a legendary entertainment fraternity in New York City, is facing foreclosure after missing payments on a $13 million mortgage. The club, known for its celebrity roasts and membership of showbiz elite, has seen its membership dwindle and its revenue diminish as it faced a series of crises. The club's leaders are searching for a buyer to cover its debt and keep the club alive, but some former members are skeptical that it will be able to lure back enough of the old guard to keep the place operating.