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NYC hotspot Nebula acquired by investors including Dream Hospitality Group CEO

New York City nightclub Ne𓄧bula, known for hosting some of the , has been sold, The Pos🌜t has learned.

Dream Hospitality Group founder and CEO George Karavias and entrepreneur Michael Vaknin have teamed up to 🐎acquire a majority ownership in the Times Square hotspot.

The deal, whose terms weren’t disclosed, expands Karavias’ hospitality portfolio in the Big Apple, which also includes celeb-favorites Harbor Nightclub, The Stafford Room and Musica NYC.

Nebula in Times Square is known for hosting some of the biggest DJs in EDM music. Stefano Giovannini

having a good time with his “The Battle of Baktan Cross” co-star Teyana Taylor🦂 at The Stafford Room.

Emily Ratajkowski, f🌠or her part, chose to at Musica back in Augus🦩t.

Although Karav𒊎ias is a veteran iꦓn the nightclub scene, the Nebula deal is Vaknin’s first foray into New York City nightlife.

However, the in🅘vestor brings to the table a diverse background in real estate and property management.

Nebula was previously owned by Richie Romero and Yang Ga, co-founder of the Mixx Lifestyle Group. The business partners took a risk by opening the🐈 club in the midst of theꦡ COVID-19 pandemic in September 2021.

The venue, located at 135 W. 41st St., was the largest nightclub to open in Gotham at the time at 11,000 square feet over t💝hree floors.

Nebula entrance
Dream Hospitality Group founder and CEO George Karavias and entrepreneur Michael Vaknin have teamed up to acquire a majority ownership in the Times Square hotspot. Stefan Jeremiah

They then expanded in August 2022 by partnering with a late-night dumpling spot to attract the famished post-party crowd.

The 🌌restaurant’s proprietor, Howard Hui Fang, ♔was partner in Mixx Lifestyle.

It’s unclear whether the eatery will🦹 still be part of the new deal with Kar🌳avias and Vaknin. 

The new owners plan to install a new mural at 💖the entrance to pay homage to Vaknin’s late-sister, Shirael Vaknin, who passed away in 2019 but loved music and nightlife culture and believed in his vision.